DevCo to acquire Czech valve maker ARMATURY Group

DevCo Partners signed an agreement to acquire ARMATURY Group, a Czech industrial valve manufacturer with about 550 employees and revenue of about EUR 60m, to combine it with its Vexve valve business.

“DevCo Partners Oy (“DevCo”) has signed an agreement to acquire ARMATURY Group a.s.”devco.fi

• 3 sources
• devco.fiDevCo has signed an agreement to acquire the leading Czech industrial valve manufacturer ARMATURY Group — DevCoAug 21, 2019
• valve-world.netDevCo signs an agreement to acquire ARMATURY Group - Valve WorldSep 1, 2019
• imap.comIMAP Finland advises DevCo Partners on purchase of the leading Czech industrial valve manufacturer Armatury GroupOct 4, 2019

Summarized from public sources; check the original articles before acting on it.