VAT announces the successful closing of its purchase by Capvis and Partners Group on 11 February
The combination of Capvis and Partners Group is a very powerful one: Capvis, the leading Swiss mid-market private equity fund, and Partners Group, the global private markets manager, are two dedicated investors with strong Swiss roots and a high commitment to supporting VAT’s future development and growth while subscribing to the same uncompromising understanding of entrepreneurial values and customer orientation. With this backing, VAT, the worldwide leader in vacuum valves, along with all of its other stakeholders, looks forward to an exciting future.
Most importantly, the independence, autonomy and stability of VAT will be ensured in the long term.
All VAT business partners can be assured that business continues as usual. VAT will maintain all of its prior commitments and investment plans. VAT will focus even more on serving its customers with the most innovative solutions and the best possible service.
Should you have any questions regarding the new ownership of VAT and its future plans then please contact your local VAT office who will be happy to answer your questions.
Reto Loepfe, CEO
February 12, 2014