AVK Holding A/S Overview
Company Headquarters: Denmark
Founded: 1941
Workforce: ~38,000
Company Working: AVK Holding A/S is a leading manufacturer with more than 100 companies in the group manufacturing valves, hydrants, and accessories for water and gas distribution, sewage treatment, and fire protection system. The company caters to the requirements of the various industrial sectors within advanced manufacturing. The company operates in four segments, namely, fluid handling, payment & merchandising technologies, aerospace & electronics, and engineered materials. Industrial valves are offered under under its fluid handling segment that also provides industrial fluid control products, including valves, pumps, lined pipe, and instrumentation products.
The major brands the industrial valves are sold under, are AVID, Brownall, Center Line, Compac-Noz, Crane, Crane Fluid Systems, Crane Supply, Crane Valve Services (Nuclear), Duo-Chek, EPIC, and Flowseal.
Strategy
The AVK Holding A/S is primarily focused on acquiring new businesses as a part of inorganic strategy to gain a competitive edge in industrial valve market. Moreover, it focuses on introducing advanced products and technologies to enhance the product portfolio. Another strategy adopted by the company for financial stability is commodity hedging, which helps reduce financial risks and improve its risk management.
