Frese acquires 70% of Danish valve maker DE Valves Glamsbjerg

Danish valve manufacturer Frese A/S acquired a 70% stake in DE Valves Glamsbjerg A/S, a maker of ball valves for district heating, effective April 1, 2020, with an option on the remaining 30%.

“Frese acquired 70% ownership on April 1, 2020 with an option to buy the remaining 30% at a later date.”heatingandventilating.net

• 1 source
• heatingandventilating.netFrese buys DE ValvesApr 27, 2020

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