PF 2022

Starting from September 7, 2022, Mr. Nick Adcock has been appointed to the board of directors of Vexve Armatury Group Oy (“Vexve Armatury Group”, “Group”, “Company”). Mr. Adcock has served as Divisional Managing Director of Trillium Valves & Services (formerly Weir Flow Control) and President of IMI CCI and Bopp & Reuther. He currently works as an independent advisor to the flow control industry. Concurrently with the appointment, Lauri Stadigh will step down from the Company board after having served more than six years as a director.

To strengthen its management and implementation of strategy, Vexve Armatury Group has made two new senior appointments. Ingo Leufgen has been appointed Director, Petrochemical and Metallurgy business segments. Sami Leinonen has been appointed as the Chief Operating Officer.

Vexve Armatury Group has acquired valve distribution company Armatury Group GmbH, which to date has distributed ARMATURY Group valves for power, gas, and metallurgy segments in Austria and Germany. The acquisition strengthens Vexve Armatury Group’s presence particularly in the DACH region (Germany, Austria, Switzerland). Vexve Armatury Group is owned by DevCo Partners, a long-term oriented active owner and development partner dedicated to building world-leading companies in selected niche markets.

Liebe Geschäftsfreunde, vielen Dank für Ihre Zusammenarbeit im Jahr 2021. Wir wünschen Ihnen ein schönes und bekanntes Weihnachten und bis 2022 viele persönliche und berufliche Erfolge.