FUWA acquires VALX to expand global presence

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FUWA K-Hitch Australia has extended its international activities through a 100 per cent acquisition of VALX, effective November 1. The company will be transformed to VALX International, and the VALX products will be expanded and marketed globally; The premium quality of the VALX products as well as the high service levels remain the top priority for the company and its customers.

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As a division of MCB, the Dutch-based wholesale multinational for metal materials and components, VALX entered the European trailer-axles market about four years ago.

The axles program shows a proven concept offering long-lasting value to trailer builders and fleet operators, designed, assembled and tested in Europe with outstanding long-term durability, reliability and safety.

The next phase for VALX is to further strengthen its market position and customer base, particularly in Europe. From the moment of introduction in 2010, VALX growth performance has been double digit. For the coming years, FUWA K-Hitch is there to support VALX in its international growth ambitions.