Valmet [SEP] industry
sold its shipbuilding operations to Wärtsilä Oy, which merged them with its own shipyards to form Wärtsilä Marine. The company was declared bankrupt in 1989. The operations continued under the names of Masa Yards Oy, Kvaerner Masa-Yards Oy, Aker Yards Oy, Aker Finnyards Oy, STX Finland Oy and currently as Meyer Turku Oy.
In connection with the shipyard transaction, Valmet bought from Wärtsilä a paper finishing machinery unit located in Järvenpää, Finland. Together with Valmet's own paper machine manufacturing units, the Järvenpää unit formed
- Valmet Nr I
- Valmet Nr II
Historical Valmet products Rail vehicles Other.
- Cmc, Rt, Pot, Nom
Historical Valmet products Airplane industry.
Valmet's airplane products came from Valtion lentokonetehdas. Valmet designed and made Valmet L-70 Vinka and Valmet L-90 Redigo. It also designed the Tuuli III and L-89 Turbovinha. It also had a license to make Fouga Magister, Saab Draken and BAe Hawk.
The products were later moved to Patria Finavitec Oy and Patria company's Patria Aviation Oy.
Historical Valmet products Airplane