AVK Holding Southern Africa has acquired the assets, IP and brand name of Gunric Valves. AVK will continue to operate the existing facility at Robertville, Florida, Johannesburg. This acquisition represents a substantial inward investment by one of the well-known valve manufacturers. This attests to the efficacy of the DTI policy aimed at re-industrialising South Africa to meet the requirements of its state owned enterprises and infrastructure spend by providing large volumes of world-class, competitively priced valves locally, defraying concerns over quality, capacity and delivery time.
Gunric products are supplied to many of South Africa’s major power stations, petrochemical and water infrastructure projects.