.
MergerLinks Header Logo

Announced

Vexve to acquire ZMK Technologies.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For97%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Germany

Majority

Acquisition

Friendly

petrochemical machinery

Private

Single Bidder

Machinery: Specialty

Pending

Synopsis

Edit

Vexve, a European valve supplier, agreed to acquire ZMK Technologies, a designer and supplier of the most critical valves to the petrochemical industry, from Advanced Holdings, a Singaporean listed company focusing on engineering services and clean technologies. Financial terms were not disclosed. "We feel honoured to have the opportunity to combine forces with ZMK and its highly experienced team that has built the leading company supplying the most demanding valve solutions for the petrochemical sector. Both Vexve Armatury and ZMK are known for the superior quality of their products as well as the desire to deliver their customers the best service in the industry. We are excited of the opportunities the new combination provides," Jussi Vanhanen, Vexve CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US