the Aalberts way winning with people
We adapt, innovate and focus on our customers requirements and give them back so much more than they expect.
Proactive, accountable, and empowered to perform.
We challenge the status quo, push boundaries and think outside the box. And we deliver results.
We get better every day. We are not afraid of failure. In fact, we embrace it as a valuable stop on the route to success.
We are professional at all times, and in everything we do.
strategy 2018-2022 'focused acceleration'
continued focus on businesses, end markets and niche technologies with sustainable profitable growth potential, delivering high added value for our customers
together, winning with people, by exchanging best practices of manufacturing technology, innovations, working methods & know-how utilising our Aalberts brand, global footprint, investment power, acquisition expertise and talented people
lean and effective structure
exchange fresh thinking and embrace
key figures 2014 - 2018 a track record of sustainable, profitable growth
revenue(in EUR million)
operating profit (EBITA)(in EUR million)
net profit before amortisation(in EUR million)
free cash flow (before interest and tax)(in EUR million)
return on capital employed (ROCE)(in %)
earnings per share (before amortisation)(in EUR)
global footprint we operate from 155 business locations in 22 countries
objectives global technology company with clear growth drivers
worldwide leading niche technology positions
creating sustainable profitable growth
generating high added-value margins
converting strong operational execution into free cash flow
achieving following financial ratios
EBITA margin > 14%
ROCE > 18%
free cash flow conversion ratio > 70%
leverage ratio < 2.5
solvability > 40%
track record enhancing our technology portfolio since 1975
founded in 1975
Jan Aalberts founds Mifa (aluminum precision extrusion) in the Netherlands
total revenue in 1975
EUR 250 thousand
foundation of the holding company Aalberts Industries B.V.
quotation Amsterdam Stock Exchange
quotation at the Amsterdam Stock Exchange
total revenue 1987
EUR 22 million
entering new end markets
start industrial services (now Aalberts material technology) by acquiring BGT (surface treatment technology) and first step residential and commercial end market by acquiring VSH in The Netherlands.
Overeem ('88), Kluin ('91), VSH ('91), BGT ('91)
total revenue 1991
EUR 90 million
further expansion in Europe
Aalberts acquires companies in Germany, Nordic and Russia.
DSI ('92), Broen ('93), VTI ('93), Mamesta ('95)
total revenue 1995
EUR 170 million
Aalberts goes international
first steps in USA by founding Ionic and acquiring Taprite
Seppelfricke ('96), Härterei Hauck ('97), Nowak ('97), Ionic (founded, '98), Simplex/Roßweiner Armaturen ('98), Taprite ('99), TTI ('99) Flow Control production in Eastern Europe (BROEN Poland)
total revenue 1999
EUR 385 million
European leader connection technology
Aalberts becomes Europe's biggest connection technology manufacturer by acquiring Yorkshire Fittings GBR.
Mogema ('00), HSF ('00), AHC ('01), Meibes ('01), Standard Hidraulica ('01), Acorn ('01), Meibes ('02), H&ST ('02), Traitesa ('02), Yorkshire Fittings ('02), Stålservice AB ('03)
total revenue 2003
EUR 775 million
stronger position in Aerospace end market
acquisition of SGI and Accurate Brazing enhances footprint in Aerospace end market, promoted to AMX index in 2005
Raufoss Water & Gas ('04), Elkhart Products Corp. ('04), SGI ('05), Accurate Brazing Corporation ('05), Pegler Holdings Limited ('05), Hidroaplicaciones Group S.A ('05), Comap S.A. ('06), Holmgrens ('06), KAN ('07), LASCO Fittings ('07)
total revenue 2007
EUR 1,707 million
further enhancement installation technology footprint
by acquiring Henco Industries in Belgium and Conbraco Industries in North America.
IDE ('08), Duralloy ('08), Cotterlaz ('08), Henco ('08), Zawgaz ('08), Conbraco ('10), Lamers High Tech Systems ('11), DEC SA ('11), Galvanotechnik Baum ('11)
total revenue 2011
EUR 1,937 million
strengthening climate and material technology
with acquisition of Nexus Valve, Flamco and Impreglon, promoted to AEX index in 2015
BSM Valves ('12), GF-Flamm-Metallspritz-GmbH ('13), GtO Slovakia ('13), Nexus Valve ('14), Flamco ('14), Impreglon ('14), VENTREX ('15)
total revenue 2015
EUR 2,475 million
further enhancing niche technology portfolio
with multiple niche bolt-on acquisitions
Ushers ('16), Schroeder ('16), Tri-Went ('16), Shurjoint ('16), Vin Service ('17), Pneutec ('17), PEM ('18), VAF ('18), RMF ('18), Co-Planar ('18), PPC ('19), Applied ('19)
total revenue 2018
EUR 2,759 million