Aalberts Completes Acquisition of Grand Venture Technology
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.
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. © Copyright 2025 - Public Technologies (PUBT)
