AVK grows local manufacturing footprint

Valves and related solutions manufacturer AVK Holding Southern Africa has bolstered its manufacturing footprint and product offering after acquiring the Gunric brand and intellectual property (IP) for an undisclosed amount. The deal would provide AVK access to Gunric’s specialisation in the manufacture and export of large diameter and made-to-order butterfly valves, tilting disc check valves and triple offset metal seated butterfly valves.   “The addition of the triple offset metal seated butterfly valves product programme strengthens our offering to our core water business, as well as enables us to extend our industrial valves offering to customers,” said AVK Southern Africa director Patrick Jantjies in a statement on Monday.