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Aalberts NV — M&A Activity 2011
Aug 30, 2011
3799_iss_2011-08-30_ce45af4c-f799-4ddb-89f3-1f8e32bc4683.pdf
M&A Activity
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e-mail [email protected]
date 30 August 2011 further information Jan Aalberts / John Eijgendaal telephone +31 (0)343 565 080
Press release
Aalberts Industries strengthens surface treatment activities in France
Aalberts Industries N.V. has reached an agreement to acquire 100% of the shares of DEC SA, a surface treatment provider established in Cormenon, France.
DEC (Dépôts Electrolytiques et Chimiques) delivers a wide range of surface treatment technologies to the French market, such as anodizing, chemical nickel plating, passivation of stainless steel, etc. These services are provided to different markets, including aerospace, automotive and precision engineering. With an annual revenue of around EUR 9 million and approximately 100 employees, DEC is operating at one facility in Cormenon. The existing management will continue to lead the company.
With the acquisition of DEC the existing French network of surface treatment companies (SGI near Paris and AHC-Surface Technology in Faulquemont) will be expanded. This will bring the Industrial Services activities of Aalberts Industries into a position among the leading players in surface treatment technologies in France.
The acquisition will be consolidated as of 1 August 2011 and will directly contribute to the profit per share. The acquisition will be financed from existing credit facilities.
More information on DEC can be found at: www.dec-sa.fr
Aalberts Industries N.V.
P.O. Box 11 [email protected] VAT No. NL008712207B01 3940 AA Doorn Netherlands www.aalberts.nl
Sandenburgerlaan 4 T +31 (0) 343 56 50 80 Trade Register Utrecht No. 30089954 3947 CS Langbroek F +31 (0) 343 56 50 81 RBS Account No. 41.97.88.573