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VAT acquires Vacuum Valves Product Line of INFICON
January 04, 2013
INFICON has sold its vacuum valves product line, which is manufactured at its site in Balzers/ Liechtenstein, to VAT, the leading manufacturer of vacuum valves headquartered in Haag/Switzerland, effective as of December 31, 2012. As INFICON does not cover the full range of this product category and thus does not hold a leading market position, the Company does not consider these products to be part of its core business. INFICON will continue to produce the vacuum valves for a transition period to guarantee the seamless production handover to VAT.