Aalberts N.V. (ENXTAM:AALB) acquired isel Germany AG on January 27, 2022. The acquisition will be financed from existing credit facilities. Isel has an annual turnover of €35 million and employees 200 people. The management team of ISEL will continue to manage closely together with the management team of Aalberts advanced mechatronics in Raunheim, Germany. The transaction completed following clearance by the competition authorities in Germany and Austria. The acquisition will directly contribute to the earnings per share of Aalberts. Clemens Just, Nadine Hartung, Heiko Kermer, Christian Rolf, Christian Masch and Maximilian Clostermeyer of McDermott advises on the sale of isel Germany AG to Aalberts.

Aalberts N.V. (ENXTAM:AALB) completed the acquisition of isel Germany AG on January 27, 2022.