Vexve has completed the acquisition of the leading Danish valve manufacturer Frese A/S. By joining forces with Frese, Vexve strengthens its position as the leading European provider of mission-critical valve solutions in the transition to a low-carbon future.
Frese’s highly complementary valve offering in hydronic systems, great production capacity, and a strong foothold in the Central European market strengthen Vexve’s leading position as a mission-critical valve solutions provider for energy infrastructure in the transition to a low-carbon future.
Vexve has now finalized the formal FDI filing process in Denmark and the Frese transaction was completed recently. Following the acquisition, the company will have a combined turnover of approximately EUR 200M.
Paul Gustavsson continues as the CEO of Vexve Group and René Barington as the Managing Director of Frese.
