Cavagna acquires valve, regulator line from Turkish company

January 23, 2017 By    

Cavagna GroupThe Cavagna Group acquired a business line of LP gas valves and regulators from DVR, a privately owned company based in Istanbul, Turkey.

Established in 1971, DVR delivers a range of LP gas products, including self-closing valves, handwheel-operated valves, camping cylinder valves and regulators to customers in Turkey, Africa and Europe.

The assets will be transferred from Turkey and installed in one of Cavagna’s plants, the company says. In addition, the acquisition allows the company to expand its LP gas business, further develop its global business and strengthen the services it offers to customers.

“This transaction speeds up the growth process of the Cavagna Group,” says Davide Cavagna, CEO of the Cavagna Group. “In fact, we can aim for a further consolidation of our LP gas valves and equipment division in order to provide a unique value to customers, ensuring that the company remains at the forefront of the global gas business.”

The Cavagna Group, founded in 1949, is a manufacturer of equipment and fittings for compressed gases, gas storage and gas control.

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Allison Kral was a senior digital media manager at LP Gas magazine.

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