Aalberts N.V.: Aalberts completes acquisition of Grand Venture Technology Limited

Core Points - Aalberts has successfully completed the acquisition of Grand Venture Technology Limited (GVT), which operates in Singapore, Malaysia, and China, generating an annual revenue of SGD 160 million in 2024 with an adjusted EBITDA margin of 19% and approximately 1,800 employees [1][2]. Group 1: Acquisition Details - The acquisition of GVT was announced in July 2025, positioning Aalberts to enhance its offerings in precision engineering solutions for various industries, including semiconductor and medical sectors [2]. - The transaction is part of Aalberts' 'thrive 2030' strategy, aimed at expanding into the Southeast Asian semiconductor market, establishing a new customer base, and enhancing value for existing customers [3]. Group 2: Strategic Implications - The integration of GVT's operations is expected to strengthen Aalberts' semiconductor engineering capabilities, particularly in back-end manufacturing, and is strategically positioned for multi-year growth [3]. - CEO Stéphane Simonetta emphasized that the acquisition marks a significant milestone for Aalberts' semiconductor segment, unlocking future growth opportunities in Southeast Asia and enhancing service offerings to both existing and new customers [5]. Group 3: Financial Consolidation - GVT's financial results will be consolidated into Aalberts' financial statements starting from November 1, 2025 [4].