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VAT Group
VAT Group AG (hereinafter VAT, commercial register entry: VAT Vakuumventile AG) is an internationally active Swiss company for high-performance vacuum valves that has been listed on the SIX Swiss Exchange since 2016. VAT is headquartered in Haag in the canton of St.Gallen (Switzerland). It has representatives in 29 countries and production sites in Haag, Penang (Malaysia) and Arad (Romania).
VAT generated net sales of CHF 942 million in 2024 and an EBITDA margin of 31.2. The most important export regions are Asia with 67%, the USA with 19% and EMEA with 14% of net sales. The VAT Group employed end of 2024 about 3,200 people worldwide (full-time equivalents), about 50% of whom work in Switzerland.
VAT reports in two segments: Valves (82% of Group turnover in 2024) and Global Service (18% of Group turnover in 2024).
In the Valves segment, VAT acts as a global developer, manufacturer and supplier of vacuum valves for the semiconductor, display, photovoltaic and vacuum coating industries as well as for various industrial and research applications. By end of 2023 VAT held a market share of around 75% in vacuum valves for the production of semiconductors.
Net sales in this segment amounted to CHF 774.7 million in 2024. Around 81,6% of this was attributable to the Semiconductor business unit and 18,4% to the Advanced Industries business unit).
Under Global Service, VAT offers customers local expert support as well as original spare parts, repairs and upgrades. In this segment, VAT generated net sales of CHF 167.5 million in 2024.
Siegfried Schertler founded the company in Flawil (St.Gallen, Switzerland) in 1965. In the same year, the company headquarters were relocated to Haag in the St.Gallen Rhine Valley (Switzerland). In the early days, the focus was on research.
In the 1980s, the semiconductor industry was booming with transistors that could be built into a single silicon chip. This required a virtually particle-free production environment, which enabled VAT to enter this market thanks to high production quality. The company entered the semiconductor technology market in 1988.
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VAT Group
VAT Group AG (hereinafter VAT, commercial register entry: VAT Vakuumventile AG) is an internationally active Swiss company for high-performance vacuum valves that has been listed on the SIX Swiss Exchange since 2016. VAT is headquartered in Haag in the canton of St.Gallen (Switzerland). It has representatives in 29 countries and production sites in Haag, Penang (Malaysia) and Arad (Romania).
VAT generated net sales of CHF 942 million in 2024 and an EBITDA margin of 31.2. The most important export regions are Asia with 67%, the USA with 19% and EMEA with 14% of net sales. The VAT Group employed end of 2024 about 3,200 people worldwide (full-time equivalents), about 50% of whom work in Switzerland.
VAT reports in two segments: Valves (82% of Group turnover in 2024) and Global Service (18% of Group turnover in 2024).
In the Valves segment, VAT acts as a global developer, manufacturer and supplier of vacuum valves for the semiconductor, display, photovoltaic and vacuum coating industries as well as for various industrial and research applications. By end of 2023 VAT held a market share of around 75% in vacuum valves for the production of semiconductors.
Net sales in this segment amounted to CHF 774.7 million in 2024. Around 81,6% of this was attributable to the Semiconductor business unit and 18,4% to the Advanced Industries business unit).
Under Global Service, VAT offers customers local expert support as well as original spare parts, repairs and upgrades. In this segment, VAT generated net sales of CHF 167.5 million in 2024.
Siegfried Schertler founded the company in Flawil (St.Gallen, Switzerland) in 1965. In the same year, the company headquarters were relocated to Haag in the St.Gallen Rhine Valley (Switzerland). In the early days, the focus was on research.
In the 1980s, the semiconductor industry was booming with transistors that could be built into a single silicon chip. This required a virtually particle-free production environment, which enabled VAT to enter this market thanks to high production quality. The company entered the semiconductor technology market in 1988.