Aalberts N.V.: Aalberts further strengthens portfolio hydronic flow control in eco-friendly buildings
09 Marzo 2022 - 07:30AM
Aalberts N.V.: Aalberts further strengthens portfolio hydronic flow
control in eco-friendly buildings
Utrecht, 9 March 2022
Aalberts N.V. has reached an agreement to acquire 100% of the
shares of UWS Technologie GmbH (UWS) and service company Heat-Power
24 GmbH (Heat-Power) based in Insingen, Germany, generating an
annual revenue of approximately EUR 25 million with 90 FTE.
UWS, mainly active in DACH, develops and manufactures water
treatment systems to improve the energy efficiency of heating and
cooling installations in eco-friendly buildings. Heat-Power offers
filling services and regular maintenance of the UWS systems for
eco-friendly buildings, in close cooperation with the building
owner and installer. These services are often combined with IoT
solutions to optimise energy efficiency in the heating and cooling
systems by measuring and improving water quality according to
government regulations. The UWS portfolio of systems, services and
IoT solutions consists of water measuring technology, filling,
mobile venting, replenishment, cleaning and filtration. Water
treatment of heating and cooling systems is a fast-growing market.
Firstly, due to government regulations to ensure optimum energy
efficient heat and cooling transfer and to extend the lifetime of
the systems. Secondly, the growth of heat pump and surface heating
and cooling stimulates the urge for protection, service and
maintenance of these systems, which are more capital intensive and
more sensitive to dirt and poor water quality. The UWS systems and
Heat-Power services are complementary to the technology offering of
Aalberts hydronic flow control and Sentinel, acquired in 2021. The
UWS systems and Heat-Power services can be introduced in almost all
regions where Aalberts hydronic flow control and Sentinel are
active, utilising the existing sales forces. The combined strength
and knowledge of the service, innovation and digital teams will
drive significant future growth in improving the energy efficiency
of heating and cooling systems for the eco-friendly buildings end
market. The experienced management team of UWS and Heat-Power will
continue to manage the company and work closely together with
Aalberts hydronic flow control, realising the growth plan. The
results of UWS will be consolidated after finalising all necessary
formalities. The acquisition will directly contribute to the
earnings per share and will be financed from existing credit
facilities. Please visit uws-technologie.de
and heatpower-24.de for additional information.
contact +31 (0)30 3079 301 (from 8:00 am CET)
investors@aalberts.com
Grafico Azioni Aalberts NV (EU:AALB)
Storico
Da Ott 2023 a Nov 2023
Grafico Azioni Aalberts NV (EU:AALB)
Storico
Da Nov 2022 a Nov 2023
