An undisclosed buyer acquired unknown stake in VAT Group AG from Partners Group Holding AG.
January 15, 2018
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An undisclosed buyer acquired unknown stake in VAT Group AG (SWX:VACN) from Partners Group Holding AG (SWX:PGHN) on January 12, 2018. Under the transaction, funds managed and/or advised by Partners Group have sold their entire position in VAT shares. As a result of the transaction, Partners Group funds will no longer hold any VAT shares.
An undisclosed buyer completed the acquisition of unknown stake in VAT Group AG (SWX:VACN) from Partners Group Holding AG (SWX:PGHN) on January 12, 2018.
VAT Group AG is a Switzerland-based company engaged in the manufacture of industrial valves. The Company focuses on designing and producing vacuum valves for semiconductor, display and solar panel manufacturing, as well as for a range of industry and research applications. Its activities are divided into three business areas: Valves, Global Services and Industry. The Valves division provides isolation, control and transfer valves used in vacuum-based manufacturing processes. The Global Services area offers advisory and after sales services, such as trainings, equipment repair and overhaul, valve upgrade and spare parts sale. The Industry segment manufactures and markets welded bellows, machine parts, mechanical components and assemblies. The Company operates worldwide.