Acquisition of FKB in Brazil
We are pleased to announce that after the successful acquisition of RTS Group in 2022, VAG Group acquired a second company in Brazil – FKB Equipamentos Industriais Ltda. By this, VAG will not only strengthen its footprint in the important Brazilian market but also enhance its portfolio and capabilities for customized Penstocks and Knife Gate Valves.
FKB was founded in 2000 and is successfully specialized in design and manufacturing of Penstocks and Knife Gate Valves for Water, Wastewater, Pulp & Paper, Chemical and Petrochemical, Dams & Hydropower, and Mining by providing end-to-end solutions, from design to installation including customer service.
Based the strong capacity and capability, FKB will be a technical competence center for Penstock and Knife Gate Valve design while at the same time encouraging VAG in serving all customers in Brazil even better. "We are very happy to warmly welcome the FKB colleagues to the VAG Group. With you, we will strengthen the presence towards customers in the Brazilian market and our colleagues around the world are looking forward to working with you based on your strong capabilities for Penstocks and Knife Gate Valves”, says Dr. Jan Nopper, CEO of VAG.
With the acquisition of RTS Válvulas in 2022 and FKB this year, VAG underlines its strong attention on the Brazilian and Latin American market. And the special capabilities of FKB combined with more than 150 years of experience of VAG Group with the global network will help to strongly serve customers around the world in the best possible way.