Aalberts N.V.: Aalberts strengthens technology portfolio advanced mechatronics
27 Gennaio 2022 - 7:30AM
Utrecht, 27 January 2022
Aalberts N.V. has reached an agreement to acquire 100% of the
shares of ISEL Germany AG (ISEL), based in Eichenzell and Eiterfeld
(Germany), generating an annual revenue of approximately EUR 35
million with 200 employees.
ISEL combines mechanics, electronics and software knowledge to
develop, engineer and manufacture wafer handling & robotics and
machine systems with digital services. ISEL is active in the
semicon efficiency and industrial niches end markets. Moreover,
most of the components needed for these systems are manufactured
in-house, such as linear motion units, rotary stages and drive
elements. Founded in 1972 by Hugo Isert, ISEL is able to offer
completely customised advanced mechatronics solutions with digital
services.
Through this acquisition Aalberts strengthens its technology
portfolio in advanced mechatronics and expands its manufacturing
footprint in Germany.
Together with our Aalberts advanced mechatronics organisation in
Raunheim (Germany), ISEL will drive multiple business
opportunities. Firstly, ISEL’s wafer handling & robotics
systems will be offered in combination with our vibration isolation
systems, utilising the customer base of both companies. Secondly,
the knowledge and capacity of ISEL enable co-development of new
mechatronic and software systems. Thirdly, the strong manufacturing
footprint can be utilised by Aalberts advanced mechatronics to
realise higher operational leverage and efficiency.
Utilising the combined strength and knowledge will result in
long-term innovation roadmaps for our customers, driving
significant future growth in fast-growing end markets.
The experienced management team of ISEL will continue to manage
the company, closely together with the management team of Aalberts
advanced mechatronics in Raunheim (Germany).
The results of ISEL will be consolidated as of 1 February 2022.
The acquisition will directly contribute to the earnings per share
and will be financed from existing credit facilities.
Please visit isel.com for additional information.
contact +31 (0)30 3079 301 (from 8:00 am CET)
investors@aalberts.com
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