Aalberts sold BROEN A/S, a Danish valve manufacturer with about 500 employees and plants in Denmark, Poland and the United States, to Vexve Oy, a DevCo Partners portfolio company.
Vexve Oy agreed to acquire BROEN A/S from Aalberts N.V. on December 1, 2025, with completion expected between January 1 and June 30, 2026, subject to regulatory approval. BROEN reported revenue of about 82 million for 2024.
Valve maker Broen is setting up a highly automated factory in Assens to produce Ballomax medium-sized valves for district heating and natural gas, with production moving back from Poland and starting from November.
BROEN is expanding its production in Assens, Denmark with a new approximately 4,400 sqm building for its Mid-Range valve, sized DN50 to DN200. Construction starts spring 2022, with completion expected mid-2023.