GF to acquire leading metal valve specialist for Infrastructure Flow Solutions
This is an ad hoc announcement pursuant to Article 53 of the Listing Rules (LR) of the SIX Exchange Regulation AG.
GF has signed an agreement to acquire VAG-Group, headquartered in Mannheim (Germany), a renowned global manufacturer and supplier of water utility valve solutions. The transaction is a next step toward GF’s vision of becoming the global leader in Flow Solutions and allows GF to leverage its market position in the infrastructure sector, especially in Europe and the Middle East.
Founded in 1872, VAG-Group has earned a strong reputation as a global full-service provider of high-quality water utility valves for potable water, wastewater infrastructure, dam/hydro, industrial and power end markets. The company employs approximately 1’000 people and operates production plants and sales offices across Europe, the Americas, India, the Middle East, South-East Asia, Africa, and China. VAG-Group, which is currently owned by Aurelius Alpha Invest New GmbH, part of the international private equity investor Aurelius, generates annual sales of approximately EUR 200 million (approx. CHF 190 million).
“Metal valves are a key element of utility water networks. The acquisition of VAG nicely rounds up the GF portfolio in Infrastructure Flow Solutions to include pipes, fittings, valves, connection technology, stormwater management and repair solutions. By combining our strong brands and complementary product portfolios, GF reinforces its position in both the aging water infrastructure and new buildings markets, while also opening doors to new industrial segments,” said Andreas Müller, GF CEO. “This move brings us a step closer to realizing our vision of becoming the global leader in Flow Solutions for buildings, industry and infrastructure.”
The VAG-Group specializes in products such as gate valves, butterfly valves, control valves, and check valves, which are used in critical infrastructure including water pipelines, transmission lines, dams, and power plants, as well as in specific industries such as desalination. Its portfolio also features complementary products that enhance GF’s solutions for stormwater management and help mitigate water loss in distribution networks. VAG-Group’s dedication to sustainable innovation and quality, as well as customer service, is perfectly aligned with GF's corporate culture and values.
The value of the transaction is expected to be in the range of CHF 200 million, subject to the fulfillment of customary closing conditions. Closing is anticipated by year-end. The transaction will be financed through operating cash flows and the expected proceeds from the closing of the divestment of GF Machining Solutions.
For further information please contact
Beat Römer, Head Corporate Communications
+41 (0) 79 290 04 00, media@georgfischer.com
Christoph Ladner, Investor Relations
+41 (0) 52 547 13 50, ir@georgfischer.com
GF集团拥有丰富的工业创新历史，并且正在积极重塑自身，以成为工业、基建和楼宇的流体解决方案的全球领导者。凭借旗下的GF管路系统和GF楼宇方案两大事业部，GF在全球范围内提供液体和气体的安全高效运输解决方案。作为战略转型的一部分，GF正在剥离其GF加工方案事业部，并正在评估GF成型方案事业部的战略可能性方向。GF公司成立于1802年，总部位于瑞士，截止到2024年底，GF在全球46个国家设有184家公司，其中74家为制造型公司。在2024年，GF拥有约19,000名专业员工，共计创造了47.76亿瑞士法郎的销售额。GF集团已在瑞士证券交易所上市。
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