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New: Vexve X series
New: Trunnion mounted ball valves

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Plastic Chamber
T-key
Planet Gear
Valves
Steel ball valves
Stainless steel ball valves
Balancing valves
Butterfly valves
Underground ball valves
Branching valves
Gas ball valves
Condensate valves
New: Vexve X series
New: Trunnion mounted ball valves
Underground control and monitoring solutions
Hydrox™ hydraulic actuators and control units
iSENSE™ network monitoring
Control
Heating Controls
Mixing valves
Loading products
Other Products
Plastic Chamber
T-key
Planet Gear

With 60 years of experience, Vexve is a world-leading provider of valve solutions. Read more about our references!

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Vexve is a provider of valve solutions for the heating and cooling needs of cities and industry.

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Career story Anne Savolainen

Career story Matti Alivuotila

Career story Saska Koivunen

Career story Riina Lahti

Versatile and responsible summer work at Vexve

Career story Lijun Tuikka

Position
Career story Anne Savolainen
Career story Matti Alivuotila
Career story Saska Koivunen
Career story Riina Lahti
Versatile and responsible summer work at Vexve
Career story Lijun Tuikka

Vexve’s comprehensive valve solutions include manually operated, electric and hydraulic actuators.

Manual gears

Electric actuators

Hydraulic actuators

Manual gears
Electric actuators
Hydraulic actuators

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« News and Events

CUSTOMER BULLETIN: Vexve Oy and ARMATURY Group AS will form a leading European provider of valve solutions for the energy sector

21.8.2019 / Press release

  • DevCo Partners Oy – the owner of Vexve Oy – will acquire ARMATURY Group, the leading Czech industrial valve manufacturer
  • Creates a leading European provider of valve solutions for the energy sector by combining ARMATURY Group with Vexve
  • Jussi Vanhanen, CEO of Vexve, will become the CEO of the combined entity
  • Vexve’s daily operations and contact persons will remain the same
  • The transaction is subject to customary approvals and expected to close in the coming weeks

DevCo Partners Oy has signed an agreement to acquire ARMATURY Group a.s., the leading Czech industrial valve manufacturer, from its founders. ARMATURY Group is a modern, rapidly growing valve manufacturer, serving, in particular, the gas pipeline, power and metallurgical sectors. The company headquarters in Dolní Benešov, Czech Republic, where it employs around 550 people in its modern and well invested, ca. 75 000 m² company area. ARMATURY Group generates revenue of ca. €60m. Around 80% of ARMATURY Group’s products are exported to over 60 countries. The transaction is subject to customary approvals and expected to close in the coming weeks.

“Vexve and ARMATURY Group are both known for the superior quality of their products as well as the desire to deliver the best service in the industry to their customers. By joining forces, we will be able to make use of our combined know-how and expand the range of our products and services both in our existing core markets as well as in new ones. We are extremely excited of this opportunity to create a leading European valve solutions provider to the wider energy sector,” says Vexve´s CEO Jussi Vanhanen, who will also become the CEO of the combined entity. Petr Groh will continue as the CEO of ARMATURY Group. 

District energy continues to be the focus of Vexve’s business. We are fully committed to providing first-class service for our customers also in the future. Once the acquisition has been completed, Vexve and ARMATURY Group will continue as sister companies and the acquisition will not affect our daily operations. Both Vexve’s and ARMATURY Group’s sales channels and contact persons will remain the same.

For more information:
Regional Sales Director, Nordics and North America  
Maria Kalli
Tel. +358 50 379 1730
[email protected]

Regional Sales Director, Europe and Middle East
Petri Tuominen
Tel. +358 50 464 4599
[email protected]

General Director, St. Petersburg's Service Center, Russia
Aleksandr Jarov
Tel. +358 50 568 0290 / +7 931 336 00 72
[email protected]

 

DevCo Partners Oy in brief

DevCo is a long-term oriented owner-operator, which is dedicated to building world leading companies in selected niche markets. DevCo provides its companies with hands-on operational resources, strategic support from a unique industrial network and significant financial resources to support step changes in their performance. DevCo is currently the majority owner of two global niche leaders, Vexve and Medix Biochemica.

 

Vexve Oy in brief

Vexve is a globally leading supplier of valve solutions for heating and cooling needs in urban and industrial environments. Developed for demanding applications, Vexve’s valve and control products together with its hydraulic control solutions are used in district energy networks and power plants in addition to the heating and cooling systems of all sizes of buildings. The turnover of the company was 49 m€ in 2018.

 

 

Vexve in a nutshell

Vexve is the globally leading provider of valve solutions for the heating and cooling needs of cities and industry. Developed for demanding applications, Vexve valve and control products and hydraulic control solutions are used in district energy networks, power plants, and internal heating and cooling systems of buildings. Vexve is part of Vexve Armatury Group.

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Company: Vexve Oy
Business ID/EORI: FI22060151
ID code: 003722060151
Operator: Basware Oyj
Member ID: BAWCFI22

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