Georg Fischer to acquire VAG from Aurelius Group for CHF200m.

Georg Fischer, a Swiss-based company, agreed to acquire VAG, a provider of valves and solutions for water and wastewater applications from Aurelius Group, an asset management group, for CHF200m. “Metal valves are a key element of utility water networks. The acquisition of VAG nicely rounds up the GF portfolio in Infrastructure Flow Solutions to include pipes, fittings, valves, connection technology, stormwater management and repair solutions. By combining our strong brands and complementary product portfolios, GF reinforces its position in both the aging water infrastructure and new buildings markets, while also opening doors to new industrial segments. This move brings us a step closer to realizing our vision of becoming the global leader in Flow Solutions for buildings, industry and infrastructure,” Andreas Müller Georg Fischer CEO.