Thermador Groupe acquires Sodeco Valves
13 September 2017
Thermador Groupe has purchased 81.76% of the shares in the company Sodeco Valves based in Ternat.
Sodeco Valves sells a wide range of valves and accessories to industry for fluid circulation and control. As well as a solid foothold in Belgium and in Holland, it is also commercially present in France, Germany and Switzerland. The new company structure will be used to penetrate previously inaccessible markets via industrial and international buyers potentially needing delivery of products within four hours.
Sodeco Valves, Thermador group’s 13th commercial subsidiary, reported turnover of EUR 22.3m in 2016. Dieter De Cock, who co-founded Sodeco Valves in 1989, will remain Managing Director.