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.
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.
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.
In the third quarter of 2015 both revenue and results increased compared to the same period in 2014 and organic growth was realised. We continued to focus our businesses on technologies with growth potential and improve our marketing and sales approach. The implementation of the Operational Excellence projects made good progress, driven by our improved business management structure. We successfully completed the acquisition of VENTREX with effect from 1 October 2015, directly contributing to the earnings per share.
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.
in the first quarter of 2015 both revenue and results increased and further organic growth has been realised compared to the same period last year. Further steps were made in the implementation of the Operational Excellence Program. The improvement plan of the recent acquisitions Nexus Valve, Flamco and Impreglon proceeded well.
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.