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VAG History

1872

Carl Reuther and Carl Bopp found a special company to manufacture pumps and heavy duty valves.

1900

Bopp & Reuther delivers sixty per cent of the global demand for gate valves. The plant in Mannheim-Waldhof produces valves for entire cities.

1925

Together with another six well-known valve manufacturing companies, Bopp & Reuther found a sales organisation, ‘Vereinigte Armaturen Gesellschaft mbH’, VAG.

1927

Export activities increase very rapidly. VAG is the market leader in South America. Today, VAG is represented around the world.

1947

Production is running at full speed in the rebuilt workshops.

1968

The resilient seated gate valve, ‘BETA’, is introduced to the market. This gate valve is still synonymous with resilient seated gate valves.

1976

The double-excentrical butterfly valve programme (EKN) is in development. The technical and cost benefits of this new generation of butterfly valve revolutionise the use of valves in the water industry.

1990

Bopp & Reuther is integrated with the IWKA Group.

1996

Bopp & Reuther acquires a majority share in one of the biggest valve manufacturer in the Czech Republic, ‘JMA’.

1999

VAG becomes the sole sales organisation for Bopp & Reuther Armaturen GmbH.

2001

Bopp & Reuther Armaturen GmbH and VAG merge into VAG-Armaturen GmbH. At the same time, the Czech valve manufacturer, JMA, in Hodonin becomes a 100% subsidiary of VAG-Armaturen GmbH.

2004

In December 2004, Equita Beteiligungen Fonds 2 KG acquires ninety per cent of the shares of the VAG group from IWKA, which is disposing of its process technology activities. The company's management team holds ten per cent of the shares.

2008

At the beginning of 2008, Halder Beteiligungsberatung GmbH (Investment Consultancy), together with the VAG Management acquired VAG-Armaturen GmbH Mannheim from Equita Management GmbH in the framework of a management buyout. By this transaction, VAG's experienced management further increased its interest in the company. Together with Halder, VAG is planning to further develop its international activities within the next few years and to make considerable investments both in Mannheim and in its foreign subsidiaries.

 

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