News

Linda Pålsson Appointed as Non-executive Director at Vexve Armatury Group Oy.

Starting from September 27, 2023, Ms. Linda Pålsson has been appointed to the board of directors of Vexve Armatury Group Oy.

Bringing forward superb customer experience

According to this year's customer satisfaction survey results, our biggest strengths are the quality of the products, expertise and reliability as a partner.

Stronger together in Poland

Vexve Armatury Group has started a closer sales cooperation in Poland. The group's district energy and power products are now sold together enabling the group to present its customers a wider portfolio of quality products and expertise.

Nick Adcock appointed as a non-executive director at Vexve Armatury Group.

Starting from September 7, 2022, Mr. Nick Adcock has been appointed to the board of directors of Vexve Armatury Group Oy.

Kari Lehtinen appointed as the new Chairman of the Board of Vexve Armatury Group.

Mr. Lehtinen will succeed Ms. Sari Baldauf, who will step down from the board of the Company, after having served as the Chair since DevCo’s initial acquisition of Vexve Oy in 2016.

Vexve Armatury Group joins in hydrogen cluster.

Vexve Armatury Group has joined in Finnish hydrogen cluster. The business-driven cluster aims to open doors to European networks, promote the hydrogen economy and export hydrogen-related solutions.

Kari Lehtinen and Markku Simula appointed as non-executive directors at Vexve Armatury Group Oy.

Starting from November 6, 2020, Mr. Kari Lehtinen and Mr. Markku Simula have been appointed as board of directors of Vexve Armatury Group Oy (“Vexve Armatury Group”, “Vexve”, the “Company”).

Vexve Armatury Group strengthens its position in the petrochemical sector by acquiring German specialized valve supplier ZMK Technologies GmbH.

Vexve Armatury Group Oy has acquired 95.5% of the shares of ZMK Technologies GmbH from Advanced Holdings Ltd, a Singaporean-listed company focusing on engineering services and clean technologies, and the founders of the company. 

DevCo Partners has completed the acquisition of ARMATURY Group.

DevCo Partners Oy has completed the acquisition of the leading Czech industrial valve manufacturer ARMATURY Group a.s.

DevCo has signed an agreement to acquire the leading Czech industrial valve manufacturer ARMATURY Group.

DevCo Partners Oy has signed an agreement to acquire ARMATURY Group a.s., the leading Czech industrial valve manufacturer from its founders.

Vexve Oy and ARMATURY Group AS will form a leading European provider of valve solutions for the energy sector.

DevCo Partners Oy has signed an agreement to acquire ARMATURY Group a.s., the leading Czech industrial valve manufacturer, from its founders.