AURELIUS Acquires VAG

AURELIUS Equity Opportunities SE & Co. KGaA will acquire VAG from the U.S. based Rexnord.
VAG supplies valves for water treatment and distribution, wastewater management, dams, power stations and the energy industry across the globe.
AURELIUS will separate VAG from the structures of Rexnord and make it independent. The company offers significant operational improvement potential, which will be realized with the support of the AURELIUS Task Force. The already ongoing restructuring program will be continued. Under this program, the consolidation of production facilities and sales companies will be completed and synergies between the production companies and national subsidiaries will be realized. Additional investments will be made to expand the company’s biggest facility in the Czech Republic, where it operates its own foundry. In addition, the company’s procurement and distribution structures will be optimized further. The company will also seek to exploit other improvement potential in the global cost structure by purposefully reducing complexity in the company’s globally interconnected structure.
Previous articleResolving Surface Finishing Challenges
Next articleSolon Celebrates 70 Years of Innovation