VAT Group AG (0RFL)

Profile

https://www.vatgroup.com

VAT Group AG is a Switzerland-based company specializing in the development, manufacturing, and supply of high-performance vacuum valves essential for ultra-clean, high-vacuum environments. These valves are critical for industries including semiconductors, displays, photovoltaics, vacuum coating, industrial applications, and research, where VAT holds a dominant market share of around 75% in semiconductor production valves. The company operates through two main segments: Valves, accounting for 82% of 2024 net sales of CHF 942 million, and Global Service, providing spare parts, repairs, and upgrades for the remaining 18%. Headquartered in Haag, Switzerland, VAT maintains production sites in Switzerland, Malaysia, and Romania, with sales and service in 29 countries and approximately 3,200 employees worldwide. Key markets include Asia (67% of sales), the USA (19%), and EMEA (14%). Founded in 1965, VAT Group AG has grown into a global leader, listed on the SIX Swiss Exchange since 2016, supporting mission-critical technologies from particle physics research at CERN to advanced manufacturing in semiconductors and beyond.