KMWE continues its growth ambition by attracting new investor
Today Aalberts Investments and the current shareholders of the KMWE Group (KMWE) signed an agreement where Aalberts Investments acquires a 25% stake in KMWE. KMWE is herewith reinforcing its strategic and financial position in preparation for the strong growth forecasts for the coming years.
In the past few years KMWE experienced a significant growth in turnover of around € 20 million in 2009 to € 86 million in 2016. Based on current expectations the tempo in growth will persist in the coming years. In addition, KMWE will continue to keep a leading position in its market segment by expanding its activities and in developing both its employees as well to invest in state of the art technologies. A good example is the planned relocation of Dutch factories from several premises to one location, the Brainport Industries Campus (BIC) in the coming 1 to 2 years.
Edward Voncken, CEO of KMWE: "With Jan Aalberts, we not only have an investor on board and do we significantly increase our financial strength, but we will also reinforce our current team with his experience and network in our business."
The new one-tier Board will consist of two non-executives Jan Aalberts (Chairman) and Berry Geven and two executive directors Edward Voncken (CEO) and Marc Evers (CTO/COO).
Jan Aalberts of Aalberts Investments: "I am not only an investor but also want to be actively involved in the companies in which we invest, preferably rapidly growing companies which have a leading position in their field. KMWE is a beautiful company which exactly meets these conditions."
The new structure will be implemented immediately.
KMWE Group (KMWE Precision, KMWE International and DutchAero) is a supplier and partner for the High Tech Equipment and Aerospace industry. KMWE is not only a supplier of high-quality, automated machined components and functionally tested mechatronic modules and systems but is also increasingly responsible for the development and engineering of these products. KMWE originated in the Brainport region which is characterized by its high mix, low volume, high complexity industry. With over 60 years of experience, 500 motivated and well-trained staff, an international supply network and continuously striving for Excellence, we are committed to meet the high demands of our customers and their markets; Always on the cutting edge of Excellence.
About Aalberts Investments
Jan Aalberts (1939) is the founder of Aalberts Industries N.V. with activities in the field of Building Installations, Climate Control, Industrial Controls (a.o. for the semiconductor industry) and Industrial Services (a major player in the field of heat and surface treatment). Aalberts Industries has a turnover of more than € 2.5 billion (2015) and 15,000 employees globally and is a very successful publicly listed company on Euronext Amsterdam.
In April 2014 Jan Aalberts stepped down as President of Aalberts Industries. As of that date he has no further involvement with Aalberts Industries other than as major shareholder.
He is currently active as CEO of Aalberts Investments in Maarsbergen. Aalberts Investments invests or participates in smaller and medium-sized manufacturing companies, mainly active in Europe and the United States.
KMWE: Edward Voncken ph. +31 40 2561114
Aalberts Investments: Jan Aalberts ph. +31 343 753 007