Aalberts N.V.: Aalberts further strengthens portfolio in semicon efficiency
July 05 2022 - 12:30AM
Aalberts N.V.: Aalberts further strengthens portfolio in semicon
efficiency
Utrecht, 5 July 2022
Aalberts N.V. has reached an agreement to acquire 100% of the
shares of KML Linear Motion Technology GmbH and KML Precision
Machining GmbH (KML) based in Vienna (Austria), generating an
annual revenue of approximately EUR 35 million with 120
employees.
KML provides cutting-edge mechatronic solutions performing
linear and rotative high-speed movements in complex areas of
application. KML systems are predominantly used as integral
subsystem of machinery, enabling high-performance manufacturing in
semicon efficiency.
KML’s portfolio encompasses mainly customised solutions,
tailored precisely to the customers’ individual needs from design
to series production. KML is a partner from project definition and
conception to engineering, manufacturing and assembly, including
training and aftersales service. In addition, KML offers
standardised linear motor systems and components.
KML and Aalberts will work closely together to drive growth.
Both companies can offer combined mechatronics solutions to
existing key accounts and new customers in the different regions.
Technology will be exchanged between the companies to drive
innovations and further capacity expansions will be executed.
Mr. Andreas Wiedrich co-founded KML in 1994. Together with his
management team, he will continue to manage and grow both
companies.
The results of KML will be consolidated after finalising all
necessary formalities. The acquisition will directly contribute to
the earnings per share and will be financed from credit
facilities.
Please visit kml-technology.com for additional
information.
contact +31 (0)30 3079 301 (from 8:00 am CEST)
investors@aalberts.com
Aalberts NV (EU:AALB)
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