Aalberts Industries N.V. further strengthens position in Semicon & Science end market
18 July 2017 - 3:30PM
Langbroek, 18 July
2017
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.
PNEUTEC is an engineering company
specialised in vacuum, pneumatic and electronic technology. It
delivers integrated system solutions for Key Accounts mainly in the
Semicon & Science end market. The company has also developed
niche applications for other end markets, utilising its core
technologies. Besides engineering PNEUTEC also assembles
modules in its clean room, which has just been
expanded.
PNEUTEC will bring Aalberts Nano
Technology additional vacuum, pneumatic and electronic technologies
plus engineering capacity to develop the many ongoing projects in
the several end markets. Through Key Account management
Aalberts Nano Technology will be able to offer more engineered
solutions to existing customers of both companies, combining
engineering, project management and manufacturing and assembly
knowledge.
PNEUTEC will be integrated in the
organisation of Aalberts Nano Technology, which has manufacturing
and assembly locations in the Netherlands, Germany and North
America and sales offices in many parts of the world. The project
management, based at the High Tech Campus Eindhoven in the
Netherlands, will now be strengthened with the engineering
capabilities of PNEUTEC in Hoofddorp. Through this acquisition
Aalberts Nano Technology will accelerate its organic growth.
The results of PNEUTEC will be
consolidated from 1 July 2017. The acquisition will directly
contribute to the earnings per share and will be financed from
existing credit facilities.
Please visit www.pneutec.nl for
additional information.
For more
information (from 8 am CEST):
+31 (0)343 56 50 89
info@aalberts.com
Press release in pdf
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Aalberts Industries N.V. via Globenewswire
Aalberts (LSE:AALB)
Historical Stock Chart
From Apr 2024 to May 2024
Aalberts (LSE:AALB)
Historical Stock Chart
From May 2023 to May 2024