Aalberts N.V. acquires Paulo Products Company to strengthen heat treatment services

From GlobeNewswire: 2024-12-27 01:30:00

Aalberts N.V. has agreed to acquire 100% of Paulo Products Company, with facilities in the USA and Mexico, generating around USD 105 million in revenue with 522 employees. Paulo provides industrial heat treatment services for industries like automotive and aerospace. The acquisition will strengthen Aalberts’ presence in the USA and Mexico, enhancing customer benefits. The transaction is expected to be finalized in the second quarter of 2025, financed through existing credit facilities. CEO Stéphane Simonetta looks forward to the growth potential and improved service capabilities in North America. For more information, contact +31 (0)30 3079 302 or [email protected].



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