Vexve Armatury Group strengthens its position with the acquisition of Armatury Group GmbH
Vexve Armatury Group has acquired Armatury Group GmbH, which until now distributed ARMATURY Group's valves for the energy, gas and metallurgy segments in Austria and Germany.
The acquisition strengthens Vexve Armatury Group's presence in the DACH region (Germany, Austria, Switzerland) in particular.
Armatury Group GmbH is an Austrian distributor of valves, especially for the water power, gas and metallurgical industries. David Styblo and his team will continue their roles within the group, Mr. Styblo has also become a major investor in Vexve Armatury Group. The operations, existing business and employees are not affected by the acquisition.
"Our team is very pleased to officially join Vexve Armatury Group after so many years of fruitful cooperation. Most importantly, we will be able to further deepen our relationships with our customers and partners in the future. I am very excited about the opportunities that will present themselves during the decade of European energy transformation," says David Styblo.
David Styblo, Managing Director of Armatury Group GmbH
Lukas Skarabela, Sales Manager | Gas
Erwin Fuchs-Fuchs, Project Manager | Power
Martin Chalupa, Project Manager | Metallurgy