# HEROSE acquires majority stake in Australian valve maker Mack Valves

HEROSE has acquired a majority shareholding of 51% in Australian valve manufacturer Mack Valves, which has plants in Melbourne and Pune, India.

- Type: Acquisition
- Announced: 2017-12-13
- Where: Melbourne, Australia
- Status: completed
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Herose Group](https://endata.com/companies/2497.md) (acquirer)
- [Mack Valves](https://endata.com/companies/2498.md) (target)

## Sources

- [valves-community.com](https://www.valves-community.com/en/herose-group/sales-conference-2017/), 2017-12-13: "we have just acquired the majority shareholding in the Australian valve manufacturer Mack Valves"
- [valves-community.com](https://www.valves-community.com/en/cryogenic-air-gases/conquering-world-mack/), 2017-12-13: "HEROSE now holds 51 % of the shares, while the other 49 % remain with the existing owner, the Indian Ador Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.