Clairfield advises Högfors on its sale to German valve company
Högfors Oy, a Finnish manufacturer of butterfly valves, sold all outstanding shares to ARI-Armaturen Group, a German industrial 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.
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Sale
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