Deal Completions

AVK buys majority stake in Premier Valves Group

AVK, a Danish valve manufacturer, has bought a majority stake in South Africa’s Premier Valves Group (PVG) for R100m ($6.5m), enabling its AVK SA subsidiary to be compliant with a new South African law requiring state-owned companies to buy domestically made products with 70% local content.

Read the full announcement here

Juli 2014
Premier Valves