Sale of VAG-Armaturen GmbH
As part of the measures to dispose of its former Process Technology Division, IWKA Aktiengesellschaft, Karlsruhe, has sold VAG-Armaturen GmbH, Mannheim, and its subsidiaries (the VAG-Group) to a financial investor, effective as of January 1, 2005.
December 10, 2004
The VAG-Group, which has over 700 employees, generates sales of approximately EUR 74 million in 2004.
Karlsruhe, December 10, 2004
The Executive Board