Skip to main content

Aalberts N.V.: Aalberts divests Standard Hidráulica Group

Written by Customer Service on . Posted in Public Companies.

Utrecht, 14 December 2021

 

Aalberts N.V. has reached an agreement to divest 100% of the shares of Standard Hidráulica Group (STH), based in Barcelona (Spain) with locations in United Kingdom, Greece and South Africa, generating an annual revenue of approximately EUR 90 million with 220 employees.

The disposal of STH is part of the divestment programme presented in December 2019. We would like to thank the management and all employees of STH for their loyalty and ongoing efforts during the many years of Aalberts ownership.

To realise our strategic objectives, Aalberts focuses on four technology clusters with strong market positions, high margin and growth potential and sustainable impact. We continue to optimise our portfolio and allocate our capital in the most efficient way.

The results of STH will be deconsolidated as of 1 December 2021.

contact
+31 (0)30 3079 301 (from 8:00 am CET)
investors@aalberts.com

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.