Aalberts Completes Acquisition of Grand Venture Technology

Reuters

Oct 31

Aalberts Completes Acquisition of Grand Venture Technology

Aalberts has completed its acquisition of Grand Venture Technology Limited (GVT), a precision engineering solutions provider headquartered in Singapore with operations in Singapore, Malaysia, and China. GVT generated SGD 160 million in annual revenue in 2024 with an adjusted EBITDA margin of 19% and employs approximately 1,800 people. With this transaction, Aalberts expands its presence in the Southeast Asian semiconductor market, strengthening its engineering capabilities and technologies for semiconductor back-end manufacturing. The results of GVT will be consolidated into Aalberts as of 1 November 2025. CEO Stéphane Simonetta stated that the acquisition is a strategic move that will unlock future growth opportunities and expand services for existing and new customers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aalberts NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001135992-en) on October 31, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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