Add-on Acquisition • Building Materials

Aalberts Acquires Pemag S.A.

On March 30, 2006, Aalberts acquired building materials company Pemag S.A.

Acquisition Context
  • This is Aalberts’ 2nd transaction in the Building Materials sector.
  • This is Aalberts’ 4th transaction in Spain.

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M&A Deal Summary

Date March 30, 2006
Target Pemag S.A.
Sector Building Materials
Buyer(s) Aalberts
Deal Type Add-on Acquisition

Target Company

Pemag S.A.

Madrid, Spain
Pemag is specialized in complex gas distribution systems for both small and large consumers. Pemag is one of the leading suppliers of gas systems in Spain, particularly in the Madrid region. Pemag’s customers consist mainly of the large (gas) utility and installation companies.
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Buyer Overview 1

Buyer

Aalberts

Utrecht, Netherlands

Category Company
Founded 1975
Sector Machinery
Employees13,124
Revenue 3.1B EUR (2024)
DESCRIPTION

Aalberts is a global producer of industrial technology, products, and services. Aalberts does business in four segments, including building installations, climate control, material technology, and industrial services. Aalberts was founded in 1975 and is based in Utrecht, Netherlands.


Deal Context for Buyer #
Overall 9 of 36
Sector: Building Materials 2 of 4
Type: Add-on Acquisition 8 of 34
Country: Spain 4 of 4
Year: 2006 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-05 Comap S.A.

Lyon, France

Comap S.A. is a key thermal generator-emitter interface supplier dedicated to improving building energy performance. COMAP’s connection and control solutions reduce the overall energy consumption of buildings while optimising comfort and safety. COMAP also manufactures and sells water treatment solutions such as UV sterilisers and filtration products, electronic anti-scale systems and water softeners.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-03 KAN Sp. z o.o.

Bialystok, Poland

KAN Sp. z o.o. is a producer of brass fittings and housings for gas and water meters. The so-called ‘KAN-therm’ plastic pipe system is suitable for both (potable) water as well as heating (including floor heating) and consists of plastic pipes, plastic fittings, manifolds and heating accessories.

Buy -