M&A Deal Summary

Aalberts Acquires Shurjoint Piping Products

On November 29, 2016, Aalberts acquired manufacturer Shurjoint Piping Products from Tyco Fire Products

Acquisition Highlights
  • This is Aalberts’ 10th transaction in the Manufacturing sector.
  • This is Aalberts’ 8th transaction in the United States.
  • This is Aalberts’ 1st transaction in Nevada.

M&A Deal Summary
Date 2016-11-29
Target Shurjoint Piping Products
Sector Manufacturing
Buyer(s) Aalberts
Sellers(s) Tyco Fire Products
Deal Type Divestiture

Target

Shurjoint Piping Products

Las Vegas, Nevada, United States
Shurjoint Piping Products, Inc. is a provider in the development, manufacturing, sales and distribution of grooved components for mechanical piping systems.

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Buyer(S) 1

Buyer

Aalberts

Utrecht, Netherlands
Category Company
Founded 1975
Sector Machinery
Employees14,055
Revenue 3.3B EUR (2023)
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, the Netherlands.

DEAL STATS #
Overall 29 of 36
Sector (Manufacturing) 10 of 10
Type (Divestiture) 2 of 2
State (Nevada) 1 of 1
Country (United States) 8 of 10
Year (2016) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Vin Service srl

Zanica, Italy

Vin Service srl is a provider in the design and manufacturing of dispensing equipment for all kinds of beverages, globally servicing its many key customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-18 Pneutec

Hoofddorp, Netherlands

PNEUTEC is an engineering company specialised in vacuum, pneumatic and electronic technology. It delivers integrated system solutions for Key Accounts mainly in the Semicon & Science end market. The company has also developed niche applications for other end markets, utilising its core technologies. Besides engineering PNEUTEC also assembles modules in its clean room, which has just been expanded.

Buy -

Seller(S) 1

SELLER

Tyco Fire Products

Lansdale, Pennsylvania, United States
Category Company
Founded 2000
Sector Safety/Security
DESCRIPTION

Tyco Fire Products L.P. designs, manufactures, and supports fire protection and mechanical systems for commercial, industrial, government, and residential customers in the United States and internationally.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-05 Shurjoint Piping Products

Las Vegas, Nevada, United States

Shurjoint Piping Products, Inc. is a provider in the development, manufacturing, sales and distribution of grooved components for mechanical piping systems.

Buy -
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