Highlights

Net profit and earnings per share +12%

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Highlights

Aalberts Industries acquires innovative leader in mechanical groove systems

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Highlights

Aalberts Industries makes a public offer to strengthen worldwide market position in surface treatment

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29 November 2016

Aalberts Industries acquires innovative leader in mechanical groove systems

Aalberts Industries acquires innovative leader in mechanical groove systems




Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Shurjoint Piping Products USA, Inc., Haohan Metal (Kunshan) Co. Ltd. and Shurjoint Metals Inc. (‘Shurjoint’). Shurjoint is an innovative leader in the development, manufacturing, sales and distribution of grooved components for mechanical piping systems, generating an annual revenue of approximately USD 42 million.

Shurjoint was founded by Sam Wang and Howard Hagiya in 1974 in Taiwan. The company is based in Taiwan and China (ductile iron foundries, development & engineering, machining, assembly and coating) and North America (engineering, sales & distribution). Shurjoint has a complete portfolio of mechanical piping components with more than 3,000 items in sizes from 1/2” to 104”, for use with a variety of piping materials to connect mechanical piping systems in commercial buildings and many industrial applications.

Groove systems are a perfect strategic fit to the existing connection technology portfolio in our Building Installations business. It enables us to strengthen our project offering with a complete range of sizes, for all kind of end markets, for a variety of piping materials. This expanded connection programme will be combined with our valve portfolio, which offers many opportunities for growth and innovations.

The ductile iron foundries of Shurjoint will work closely together with our cast iron, stainless steel and bronze foundries in the USA. There are many opportunities to optimise the sourcing between the foundries and to utilise each other’s supplier network in North America, Taiwan and China.

Sam Wang and his family, including the second generation, will continue to lead the locations in Taiwan and China. They will work closely together with the North American manufacturing team of Building Installations. Mark Beach, based in Shurjoint USA, has more than 35 years of experience in sales and business development. Mark and the entire Shurjoint team will support us in the coming years to grow our sales and optimise our portfolio in Europe, North America, Middle East and Asia.

The results of Shurjoint will be consolidated with effective date of 1 October 2016 and after finalising all necessary formalities. The acquisition will directly contribute to the earnings per share and will be financed from existing credit facilities.

Please visit www.shurjoint.com for additional information.

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18 April 2017, Jaarbeurs Media Plaza (Utrecht)  

General Meeting | start 11.00 am (CEST)


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20 April 2017,

Quotation ex-dividend


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04 November 2016

Aalberts Industries further strengthens position in beverage dispense market

Aalberts Industries further strengthens position in beverage dispense market


Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Vin Service srl (Vin Service ). The company, based in Zanica (Bergamo), Northern Italy, generates an annual revenue of approximately USD 30 million.

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16 February 2016

Aalberts Industries strengthens position in beverage dispense market

Aalberts Industries strengthens position in beverage dispense market


Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Schroeder Industries, Inc. (Schroeder). The company, based in San Antonio, Texas, USA, generates an annual revenue of approximately USD 13 million and strengthens our global position in the beverage dispense market, part of our Industrial Controls business.

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18 January 2016

Aalberts Industries strengthens  market position in power generation

Aalberts Industries strengthens market position in power generation


Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Ushers Machine & Tool Co., Inc. (Ushers) with locations in Round Lake, NY, Sunapee, NH and Greenville, SC. Ushers generates an annual revenue of approximately USD 40 million and will strengthen the position of Industrial Services in the power generation end market.

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08 September 2015

Aalberts Industries  strengthens position in high pressure  regulators and valve technology

Aalberts Industries strengthens position in high pressure regulators and valve technology


Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of VENTREX Automotive GmbH (VENTREX). The company with 145 employees, based in Graz, Austria, generates an annual revenue of approximately EUR 50 million. VENTREX will strengthen the Industrial Controls business.

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12 September 2014

Aalberts Industries acquires 85.97% in Impreglon SE

Aalberts Industries acquires 85.97% in Impreglon SE


Aalberts Industries has secured in total 85.97% on a fully diluted basis of the issued and outstanding shares and convertible bonds in Impreglon SE.

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04 August 2014

Aalberts Industries publishes offer document for the acquisition of Impreglon SE

Aalberts Industries publishes offer document for the acquisition of Impreglon SE


Aalberts Industries N.V. has today published its offer document for the shareholders and holders of convertible bonds in Impreglon SE  through its subsidiary GMT Investment AG.

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08 July 2014

Aalberts Industries makes a public offer to strengthen worldwide market position in surface treatment


Aalberts Industries has reached an agreement on 7 July 2014 with the major shareholders of Impreglon SE (“Impreglon”), a public listed company in Germany and has decided to make a public offer on all outstanding shares. The shareholders of Impreglon are offered a consideration of EUR 14.00 in cash per share, which equals a total consideration of approximately EUR 119 million for all outstanding shares. This results in a premium of more than 21% compared to the closing price of EUR 11.55 of the Impreglon share on the XETRA stock exchange on 7 July 2014. The offer price is around 57% higher than the closing share price as at 31 December 2013 (EUR 8.93). In addition, it is decided to make a public offer in cash of EUR 132.33 plus accrued interest to the holders of convertible bonds issued by Impreglon.

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04 July 2014

Aalberts Industries strengthens system portfolio and market position Climate Control

Aalberts Industries strengthens system portfolio and market position Climate Control


Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Flamco Holding B.V. and its subsidiaries (“Flamco”), with head office in Bunschoten, the Netherlands. Flamco generates annual revenues of approximately EUR 125 million with 700 employees. The acquisition will be effected after all formalities and approvals are realised, this is expected to be in July 2014.

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13 March 2014

Aalberts Industries acquires market position Climate Control in North America

Aalberts Industries acquires market position Climate Control in North America


Aalberts Industries N.V. has reached agreement concerning the acquisition of 100% of the shares in Nexus Valve, Inc. in Fishers (IN) in North America. With about 60 employees, Nexus Valve generates annual revenues of approximately USD 20 million. After the takeover, current experienced management will retain day-to-day operational management responsibility and develop the company further.

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18 July 2013

Aalberts Industries strengthens market position of Industrial Services in Eastern Europe

Aalberts Industries strengthens market position of Industrial Services in Eastern Europe


Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of GtO Slovakia s.r.o. (GtO), active in the field of surface treatment, with one production facility near Roznava, Slovakia.

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