VAT Group

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VAT Group AG
Company typeJoint-stock company
IndustryVacuum technology
Founded1965 in Flawil, St. Gallen, Switzerland
FounderSiegfried Schertler
Headquarters
Haag, Sennwald
,
Switzerland
Key people
Heinz Kundert (CEO)
Horst Heidsieck (Chairman of the board of directors)
ProductsVacuum valves
ParentComvat
Sysmec
Websitevatvalve.com

Vat Group AG (proper spelling VAT Vakuumventile AG) is an internationally active Swiss company for vacuum valves and related services in the semiconductor, display and solar sectors, as well as in the industrial and research sectors, with headquarters in Haag in the municipality of Sennwald in the Canton of St. Gallen (Switzerland). The internationally active company's products are used in semiconductor and flat panel display manufacturing, glass and tool coating, Metallurgy, surface analysis, high-energy physics, Synchrotrons, Laser technology, and space simulation, among others.[1][2]

VAT generated net sales of CHF 692.4 million in 2020[3][4] and employs about 2,000 people worldwide,[5] including more than 700 in Switzerland.[6] Around a quarter of its staff work in research and development. VAT comprises the three business areas Valves (550.4 million net sales 2020), Global Services (127.3 million net sales 2020) and industry (14.8 million net sales 2020).[3][7]

The Valves business segment is divided into individual valves (67% of 2015 net sales) and modules (6% of 2015 net sales). The industry business segment consists of the two subsidiaries COMVAT (diaphragm bellows) and Sysmec (manufacturer of mechanical components and assemblies).[8] In 2015, VAT had a 41% share of the global vacuum valve market, according to VLSIresearch. The company operates manufacturing sites in Haag (Switzerland), Penang (Malaysia) and Arad (Romania). Exports account for 99%,[9] with Asia at 40% and the U.S. at 37% representing the most important markets, followed by Europe at 23%.[10][11]

History

Siegfried Schertler founded the company in 1965 in Flawil, St. Gallen, Switzerland.[12] The initial focus was on research.[13] Later, the company headquarters moved to Haag in the municipality of Sennwald in the Alpine Rhine, Switzerland.[14] In 1988, the company entered the field of Semiconductor device fabrication. After the turn of the millennium, the company expanded into the market areas of flat panel displays and photovoltaics.[15] In February 2014, Capvis and Partners Group jointly acquired the VAT Group.[16] VAT has been listed on the SIX Swiss Exchange since 14 April 2016.[17][18]

References

  1. ^ "Pionierarbeit für fortschrittliche Vakuumtechnik". VAT Vakuumventile AG. Retrieved 29 October 2021.
  2. ^ Francois Bloch (22 July 2021). "Neuer Rekord des Ostschweizer Börsenstars VAT Group AG". Luzerner Zeitung. Retrieved 24 November 2021.
  3. ^ a b "VAT steigert 2020 Umsatz um 21%, Rekordresultat bei EBITDA, EBITDA-Marge und Freiem Cashflow; Verwaltungsrat schlägt Dividendenerhöhung um 12.5% auf CHF 4.50 pro Aktie vor". VAT Vakuumventile AG. Archived from the original on 1 April 2021. Retrieved 29 October 2021. {{cite web}}: |archive-date= / |archive-url= timestamp mismatch; 12 April 2021 suggested (help)
  4. ^ "VAT Group AG". Finanznachrichten. 4 March 2021. Retrieved 24 November 2021.
  5. ^ "Global, aber lokal". VAT Vakuumventile AG. Retrieved 29 October 2021.
  6. ^ Patrick Stahl (18 August 2015). "VAT schaltet einen Gang höher". Tagblatt. Retrieved 24 November 2021.
  7. ^ Francois Bloch (30 November 2020). "+270.9% in fünf Jahren: Neuer Rekord des Ostschweizer Börsenstars VAT Group". Tagblatt. Retrieved 24 November 2021.
  8. ^ "Vat Group AG". The Wall Street Journal. Retrieved 29 November 2021.
  9. ^ "Die VAT soll verkauft werden". Tagblatt. 3 June 2013. Retrieved 29 November 2021.
  10. ^ "Starkes Wachstum und hohe Profitabilität –positiver Ausblick für 2016" (PDF). VAT Vakuumventile AG. Retrieved 29 October 2021.
  11. ^ "VAT Group Aktie". T-Online. Retrieved 29 November 2021.
  12. ^ Bernhard Fischer (6 April 2016). "VAT: Der Gigant aus dem Rheintal". Handelszeitung. Retrieved 1 December 2021.
  13. ^ Peter Müller (25 July 2011). "Siegfried Schertler". Historisches Lexikon der Schweiz (HLS). Retrieved 1 December 2021.
  14. ^ Dominik Feldges (3 October 2017). "Der Börsenliebling VAT ernennt einen neuen Konzernchef". Neue Zürcher Zeitung. Retrieved 1 December 2021.
  15. ^ "Vat Group AG". MarketScreener. Retrieved 1 December 2021.
  16. ^ "Geschichte der VAT". VAT Vacuum Valves. Archived from the original on 14 April 2016. Retrieved 29 October 2021.
  17. ^ "VAT at a glance" (PDF). VAT Vakuumventile AG. Archived from the original (PDF) on 23 January 2021. Retrieved 29 October 2021.
  18. ^ Freya Berry, Arno Schuetze (12 January 2016). "UPDATE 1-Partners, Capvis prep $1.5 bln VAT Vakuumventile exit -sources". Reuters. Retrieved 1 December 2021.

External links