The HEROSE Group today announced the successful conclusion of discussions with Australian valve manufacturer Mack Valves, aimed at creating a future industry focussed organisation. This has resulted in an investment in Mack Valves by the HEROSE Group. This investment entails HEROSE taking a majority 51% equity position in the Company, with the Ador Group’s equity holding in Mack Valves now at 49%.
As one of the first cryogenic service providers to enter the LNG industry, it’s well over a decade since Herose started supplying valves for LNG applications. It’s a fast-growing market, one that requires us to respond and adapt accordingly. Continue reading