11 September 2018
Aalberts complex precision stamping expands to North America
Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Co-Planar, Inc., based in New Jersey (USA) and Querétaro (Mexico), generating an annual revenue of approximately USD 9 million.
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06 September 2018
Aalberts strengthens surface treatment network in North America
Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Roy Metal Finishing Company, Inc. (RMF) based in Greenville, South Carolina, USA, generating an annual revenue of approximately USD 30 million with 200 FTE.
Read more29 May 2018
Aalberts acquires reel-to-reel surface treatment technology
Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of PEM SAS (Protection Electrolytique des Métaux (‘PEM’)) based in Siaugues St. Romain, France, generating an annual revenue of approximately EUR 22 million with 180 FTE.
Read more18 July 2017
Aalberts Industries further strengthens position in Semicon & Science end market
Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of Pneu/Tec B.V. (‘PNEUTEC’), based in Hoofddorp, the Netherlands, founded by Mr. Gerrit Bootsman in 1987 and generating an annual revenue of approximately EUR 15 million with 32 FTE.
Read more29 November 2016
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.
04 November 2016
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.
Read more16 February 2016
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.
Read more18 January 2016
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.
Read more08 September 2015
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.
Read more12 September 2014
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.
Read more04 August 2014
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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