With its new owner – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) – the VAG-Group, a manufacturer of water and wastewater valves headquartered in Mannheim / Germany, sets the course for future growth.
AURELIUS is a stock-traded investor with business activities all over Europe. The group currently comprises 24 companies and generates an annual turnover of more than EUR 3.5 bn. AURELIUS“ business activities mainly focus on companies with development potential and Mid-Market transactions. „VAG is an exciting company in which we see a lot of potential for the future,“ says Gert Purkert, Member of the Executive Board of AURELIUS Equity Opportunities. „With our in-depth expert knowledge in management and operations, we would like to make use of VAG“s excellent opportunities specifically for strengthening and further developing the company in the market.“
As a subsidiary of AURELIUS Equity Opportunities, the VAG-Group will benefit from future-oriented strategies and experience to increase its success in the market and as regards the company“s competitors. By its acquisition of the VAG-Group from the American Rexnord Group, AURELIUS supports the Mannheim-based company specifically in order to benefit from opportunities and make use of these opportunities to the satisfaction of VAG“s employees, customers, suppliers and shareholders.
Together with AURELIUS and our expertise gained in over 145 years, we take up any challenges relating to the subject of water. We keep developing our position as a leading supplier of valves for the water and wastewater industry, for dams and the energy sector – around the globe. In addition to this, we can imagine further acquisitions in the future with the support of AURELIUS.
VAG – the market leader for more than 145 years
The VAG-Group is known and valued world-wide for its cutting-edge know-how in product development and spreads the quality label „Engineering made in Germany“ all over the world. For over 145 years, the modern company with a long tradition has been present wherever water is treated, stored and distributed and has six production locations in Germany, Czech Republic, China, India, South Africa and the USA as well as 14 sales offices at its disposal. VAG“s quality products and services are sold in more than 100 countries through the Group“s own sales organisation as well as numerous agencies and distribution partners world-wide. In financial year 2017/18, the Mannheim-based company generated a turnover of almost EUR 200 million with about 1,200 employees. As a provider of solutions and systems, VAG sets new standards in water and wastewater technology – comprising both the company“s international project business with customised solutions and the manufacture and sales of standard valves.
Founded in 1872 as a factory specialising in the manufacture of pumps and heavy-duty valves, the Mannheim-based VAG-Group presents itself today as a globally active valve expert for water and wastewater management. With innovative standards, VAG positions itself as a supplier of premium-quality standard valves and as a solution provider for individual customer requirements.
A long service life, durability and functionality are the outstanding quality features of VAG valves. Their applications include water treatment plants, drinking water supply networks, dams, hydropower plants and wastewater systems.
Company-Contact
VAG GmbH
Jeannette Charpentier
Carl-Reuther-Str. 1
68305 Mannheim
Phone: 0621-7491681
Fax: 0621-7491338
E-Mail: C.Rist@vag-group.com
Url: http://www.vag-group.com
Press
VAG GmbH
Jeannette Charpentier
Carl-Reuther-Str. 1
68305 Mannheim
Phone: 0621-7491681
Fax: 0621-7491338
E-Mail: J.Charpentier@vag-group.com
Url: http://www.vag-group.com