VAG-Group on growth course with new owner
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.