Aalberts N.V.: Aalberts completes acquisition of Paulo Products Company

Core Insights - Aalberts has successfully completed the acquisition of Paulo Products Company, enhancing its presence in North America and consolidating annual revenue of approximately USD 105 million from Paulo [1][3][4] - The acquisition aligns with Aalberts' 'thrive 2030' strategy, focusing on key markets such as automotive, aerospace, defense, and power generation [3][4] - The integration of Paulo's experienced teams is expected to drive profitable growth in attractive end markets [3][4] Company Overview - Paulo Products Company is North America's largest privately owned thermal processing platform, specializing in industrial heat treatment, brazing, and metal finishing [2] - The company operates five facilities in the USA and one in Mexico, employing 522 individuals [1] Strategic Implications - The acquisition is viewed as a significant milestone for Aalberts, reinforcing its commitment to the North American market and supporting its growth ambitions [4] - The combined capabilities of Aalberts and Paulo are anticipated to enhance service offerings, including short lead times and high-quality full-service capabilities [4]