Aalberts

Aalberts N.V. is a Dutch manufacturer. It is a public company and is based in over 50 countries.[2] At the time of its IPO in March 1987, the company had a turnover of € 29 million. The company was part of AEX from 23 March 2015 to 23 March 2020 and is currently located in the AMX.

Aalberts N.V.
TypeNaamloze vennootschap
Euronext: AALB
IndustryManufacturing, engineering
Founded1975
HeadquartersUtrecht, Netherlands
Key people
Wim Pelsma (CEO)

Arno Monincx (CFO)

Oliver Jäger (Executive Director)
Revenue€ 2,759 million (end 2018)[1]
€ 275 million (end 2018)[1]
Total assets€ 3,148 million (end 2018)[1]
Total equity€ 1,676 million (end 2018)[1]
Number of employees
16,452 (end 2018)[1]

Shareholder interest: family Aalberts 13.27%, FMR LLC Holding 10.11%, Oppenheimer Funds 9.91%, Cantillon Capital Management LLC 4.90%, Capital Research and Management Company 3.21%[2].

Description

Aalberts NV consists of four technology groups: Piping Systems, Surface Technologies, Hydronic Flow Control, Advanced mechatronics and Fluid Control.

former logo

Aalberts NV was founded under its former name Aalberts Industries by Jan Aalberts in 1975 and became public in 1987, with an annual revenue of 22 million Euro.

In 2006, the group acquired Comap of France, Pemag of Spain and Holmgrens Försäljnings of Sweden. All these companies now create products for the Flow control group. Other acquired companies include KAN Sp. of Poland, the French division of Thomson Genlis, Eloxal-Werk-Burg of Germany, Lasco Fittings Inc. of the USA, Conbraco Industries, producer of Apollo Valves,[3] in June 2010[4] and Ventrex Automotive in 2015.


Acquisitions
  • Thermi Centre S.A. (France) 2002
  • Hage Fittings GmbH & Co. KG. (Germany) 2003
  • LASCO Fittings, Inc. (USA) 2007
  • Henco Industries N.V. (Belgium) 2008
  • Conbraco Industries, (USA) 2010
  • Shurjoint (USA, China and Taiwan) 2016
  • Applied Process (USA) 2019

References
  1. "Key figures". Aalberts. Retrieved 30 April 2018.
  2. "About us". Aalberts. Retrieved 16 January 2020.
  3. "Apollo Valves in Russia". Retrieved 2 September 2013.
  4. "Conbraco Industries Joins The Aalberts Industries Family". Archived from the original on 2 March 2011. Retrieved 2 May 2018.
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