06 Sep 2019
Högfors Oy, a Finnish manufacturer of butterfly valves, sold all outstanding shares to ARI-Armaturen Group, a German valve company.
Högfors develops and manufactures a wide range of manual and automated butterfly valves and also provides ball valves for a vast variety of applications in both the power and process industry. Since its establishment in 1927, Högfors has become a trusted partner with a strong market position particularly in the district heating industry.
ARI-Armaturen Group is a German family-owned company that was founded in 1950. It has over 800 employees and operates directly in 16 countries with a partnership network in over 50 countries worldwide.
Högfors will complement ARI’s wide product program of industrial valves, especially in the area of metal-seated high-performance butterfly valves. At the same time, Högfors will benefit from synergies in sales, production, sourcing and engineering.
Clairfield International acted as exclusive financial advisor to Högfors and its owners.
Deal team: Mika Jalamo, Kimmo Voutilainen, Jack Helm