07 January 2015 7:30 AM

Aalberts Industries divests two small activities

Aalberts Industries divests the activities of both Clesse Industries (with operations in France, United Kingdom, Brazil and Italy) and Broen LAB systems (located in Denmark). Both activities have a combined annual revenue of approximately EUR 45 million. Aalberts Industries wants to focus more on defined business segments, markets and core technologies where a leading market position and a sustainable profitable growth can be achieved. Small divestments of non-core activities are part of this strategy.

The proceeds from these transactions will be used to strengthen existing market positions and operations. Both activities will be deconsolidated as from 1 January 2015.