News

Nick Adcock appointed as 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 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.