Aalberts N.V. (AALB.AS)
Aalberts N.V. operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Utrecht, UT, NL. The stock last traded at $44.58, up 0.54% on the session, giving a market capitalisation of $4.76B. Its beta of 1.32 implies it has historically moved more than the broad market.
Aalberts N.V. develops essential, high-performance technologies. The company is structured into two main divisions: Building Technology and Industrial Technology. The Building Technology segment focuses on creating, manufacturing, and monitoring hydronic flow control systems to optimize energy efficiency in heating and cooling. This division also designs and produces integrated piping systems for the precise distribution and regulation of water or gas in heating, cooling, water, gas, and sprinkler networks, serving eco-friendly construction and specialized industrial settings. The Industrial Technology segment partners with original equipment manufacturers (OEMs) to engineer and produce advanced mechatronics and technologies. These solutions are vital for the accurate regulation, measurement, and control of fluids under challenging and critical circumstances, benefiting areas such as semiconductor efficiency, sustainable transport, and various industrial applications. Furthermore, this division provides a range of surface treatment technologies, utilizing a network of local service centers to support customers in the sustainable transportation and industrial sectors. Aalberts N.V. has a significant global footprint, with operations across Western Europe, the United States, Russia, Eastern Europe, the Asia-Pacific region, the Middle East, and Africa. Founded in 1975 and based in Utrecht, the Netherlands, the company rebranded from Aalberts Industries N.V. to its current name in April 2019.
Aalberts N.V. is most often compared with the following Industrials names: