Rexnord has announced that it will acquire 100% of the outstanding stock of VAG Holding GmbH for an estimated aggregate transaction value of USD 175 million. VAG designs and manufactures valves and engineered solutions across a broad range of applications, including water distribution, wastewater treatment, dams and hydropower generation as well as various other industrial applications. The acquisition is highly complementary to Rexnord’s existing Water Management Platform with limited product overlap and virtually no geographic duplication.
