Aalberts N.V.: Aalberts enhances hydronic flow control position in North America

Company Overview - Aalberts N.V. has agreed to acquire 100% of Geo-Flo Corporation, which generates annual revenue of approximately USD 15 million and employs over 25 people [1] - Geo-Flo specializes in designing and manufacturing pumping systems and components for hydronic-based HVAC systems, including geothermal and water source heat pump applications [1] Strategic Intent - The acquisition aligns with Aalberts' 'thrive 2030' strategy, aimed at strengthening its presence in North America [2] - By integrating Geo-Flo's products and expertise with existing boiler room technology, the company aims to accelerate complementary product development and create new growth opportunities focused on energy and resource efficiency in buildings [2] Operational Integration - The current management of Geo-Flo will collaborate closely with Aalberts' hydronic flow control management in North America to ensure regional alignment [3] - Geo-Flo's established facility will enhance local responsiveness and operational continuity [3] Financial Impact - The results of Geo-Flo will be consolidated effective 17 July 2025, and the acquisition is expected to directly contribute to earnings per share [3] - The acquisition will be financed through existing credit facilities [3] Leadership Perspective - CEO Stéphane Simonetta expressed enthusiasm about the acquisition, highlighting the potential for unlocking future growth opportunities in the American market [4]