European firm Argos Soditic has partnered with management and acquired Valco Group France from Norwegian investor HitecVision. Founded in 1949, VGF designs, makes and maintains industrial valves for applications in the energy, chemical and industrial sectors. It also makes cryogenic valves for the liquefied natural gas industry under several brands. HitecVision had backed the company since 2006. IFE Mezzanine and Idinvest Partners provided unitranche financing.