AVK CSR 2023-24 web - Flipbook - Page 8
OUR HISTORY, PURPOSE,
AND BUSINESS UNITS
AVK is a family-owned Group with headquarters in Galten,
Denmark. It is built on the foundation of an 80+ year old
machine shop founded in 1941 by Aage Valdemar Kjær,
hence the name AVK. Today, the global Group employs
5,342 people and consists of 108 manufacturing and sales
companies.
Our purpose
It is our purpose to develop, manufacture, and
market products of a high quality and with a
long lifespan.
The products are used in vital infrastructure,
including water supply, wastewater treatment,
energy supply as well as a wide range of
industrial applications that contribute to
sustainable development, human health, and a
better environment.
Business units
AVK is divided into three business units: AVK
Water, AVK Industrial, and AVK Advanced
Manufacturing. All three units consist of
companies with a strong product portfolio
and competencies used in many different
business segments around the world. To
accommodate the needs of our customers, we
design, manufacture, and market our products
ourselves.
AVK Water
AVK Water is a group of companies that
develop, manufacture, and supply valves
and solutions for water supply, wastewater
treatment, natural gas supply and biogas,
irrigation, fire protection, and HVAC (Heating,
Ventilation, Air Conditioning), as well as AVK
Smart Water.
8 | AVK Sustainability report 2023/2024
We deliver to markets and customers all over
the world, but that does not mean our solutions
are universal. On the contrary, we always
deliver unique solutions specifically tailored
to meet local conditions and requirements
according to local standards and approvals.
AVK Water accounts for most of the turnover
in AVK.
AVK Industrial
AVK Industrial is a group of companies that
develop, manufacture, and sell a wide range
of valves for industrial segments. Many of
the products are components for applications
that contribute to development in a variety of
industries. Specific examples include water
and air purification systems, remote cooling
and heating, energy supply, mining, pulp and
paper, process industry, dams and reservoirs,
hydropower, and water management solutions
for flood control.
AVK Industrial accounts for around a quarter of
the turnover in AVK.
AVK Advanced Manufacturing
AVK Advanced Manufacturing consists of
companies that manufacture processed
components made of steel, cast iron,
aluminium, bronze, rubber, and plastic. As the
components are partly included in the broad
product range of AVK Water and AVK Industrial,
the business units support each other.
In addition, the components are used in various
industrial applications. Processed components
made of steel, iron, aluminium, and bronze are
used in the transportation and wind turbine
industries, among others. Rubber components
and solutions are used in equipment for the
food and healthcare industries. Our plastics
companies produce waste containers and
pallets, among other products, with a focus
on increasing the share of recycled plastic in
products.
For more information, please refer to our
financial report and overview of the companies
in the AVK Group, which can be found under
“Downloads” on our website.