Aalberts Completes Acquisition of Grand Venture Technology
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Aalberts has completed the acquisition of Grand Venture Technology Limited (GVT), a precision engineering solutions provider based in Singapore. GVT, which generated SGD 160 million in annual revenue in 2024, will enhance Aalberts' presence in the Southeast Asian semiconductor market. The acquisition is expected to unlock growth opportunities and expand services for customers. GVT's results will be consolidated into Aalberts starting November 1, 2025. CEO Stéphane Simonetta emphasized the strategic importance of this move.
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