UTRECHT, NEDERLAND: Aalberts N.V. has reached an agreement to acquire 100% of the shares of KML Linear Motion Technology GmbH and KML Precision Machining GmbH (KML) based in Vienna (Austria), generating an annual revenue of approximately EUR 35 million with 120 employees. KML provides cutting-edge mechatronic solutions performing linear and rotative high-speed movements in complex…
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Electra Private Equity sells Sentinel Performance Solutions Group to Aalberts N.V.
LONDON: Electra Private Equity PLC announced the disposal of Sentinel Performance Solutions Group Ltd to Aalberts N.V., (‘Aalberts’) a global industrial technology group headquartered in Utrecht, the Netherlands and listed on the Amsterdam Stock Exchange. Following an initial investment in Sentinel in 2011, Electra gained control of the business for a nominal sum in July…