The HEROSE Group and Mack Valves have announced the successful conclusion of discussions to create a future industry focused organisation, that has resulted in an investment in Mack Valves by the HEROSE Group.
This investment entails HEROSE taking a majority 51% equity position in the company, with the Ador Group’s investment now at 49%.
The key to this joint venture will be in leveraging the unique cultures that each business has developed through their shared 170+ years of history, to strengthen the new consolidated organisation that has come together as a result of this partnership.
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