ERIKS NV has divested Dansk Ventil Center A/S and Valtor Offshore A/S to Armatec AB
July 2017 — ERIKS NV has divested Dansk Ventil Center A/S and Valtor Offshore A/S to Armatec AB.
Dansk Ventil Center is a leading distributor of valves to the Danish and international markets focusing on innovative high quality solutions. Its product range includes ball valves, butterfly valves, safety valves, globe valves, plug valves, needle valves and steam traps. The firm's own brand products are sold through international distributors and to large OEM end users.
Valtor Offshore is a distributor of API and ASME valves, actuators and process-related equipment, including valve automation to the offshore industry. The company has three business areas within the flow technology: MRO sales, projects and services.
Headquartered in Sweden, Armatec is a flow technology company which solves technical challenges in water, heating, cooling and processes, with product groups including valves, separators, actuators, expansion vessels and storage tanks. It operates in Sweden, Norway, Denmark and Finland and is a portfolio company of Ernströmgruppen, a privately owned industrial conglomerate.
ERIKS is an international industrial services provider offering a wide range of high quality mechanical engineering components and associated technical and logistics services. The company offers its products and services to the industrial end user based on its expertise in technology, its broad and deep knowledge of market developments, product properties, product applications, product processing, logistics and its state-of-the-art infrastructure. As part of a global focus on its core business, ERIKS strategically decided to divest its subsidiaries in Denmark.
Our role in the transaction
Oaklins' team in Denmark advised ERIKS in connection with the divestiture of Dansk Ventil Center and Valtor Offshore to Armatec. Oaklins' team in the Netherlands has a long-standing relationship with ERIKS' executive management and brought on board the Danish team who executed the transaction, from identifying selected potential buyers to final negotiations.
Kirsten Bradley
Group Business Development Director, ERIKS NV
Talk to the deal team
Related deals
JP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreContrinex has joined Nordson
Contrinex S.A., a Swiss technology leader in high-performance sensors for factory automation, has been acquired by Nordson Corporation, a US-based precision technology company. Contrinex will become part of Nordson’s Advanced Technology Solutions segment. The acquisition complements Nordson’s test and inspection portfolio with expertise in sensing technologies for harsh environments and miniature precision positioning, expanding its capabilities in factory automation and control. Contrinex will benefit from Nordson’s global sales infrastructure and continued investment in bringing its technologies to more customers worldwide.
Learn moreDe Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn more