Announced
Completed
Synopsis
Aurelius-backed VAG, a supplier of valves for water treatment and distribution, completed the acquisition of RTS, a supplier of valve solutions. Financial terms were not disclosed. "We are very pleased about this opportunity for VAG and RTS to join forces and offer even better products and services to our customers in Brazil and Latin America with RTS becoming one of VAG’s Group brands. RTS has been a trusted partner of VAG for many years, so our two companies already know each other very well. We are confident that together we will be able to respond to our customer needs in Brazil better than ever before,” Jan Nopper, VAG Group CEO.
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