Aalberts Industries acquires Alphacan's heating and sanitaryactivities

Aalberts Industries N.V., which operates in the fields of  Industrial
Services and  Flow  Control, has  reached  agreement to  acquire  the
heating and  sanitary activities  of Alphacan,  a subsidiary  of  the
French Arkema  Group.  The  acquired  assets  and  business  will  be
integrated into the French group company Comap.
 
The activities fit very well within Aalberts Industries' strategy  to
provide its customers a complete  portfolio of heating, sanitary  and
water quality solutions. The  acquired business is active  throughout
the   French   market,   manufacturing   and   selling   cross-linked
polyethylene tubes and systems to the building, professional and  DIY
channels. The business, which is based principally in Nevers, France,
employs approximately 85 people generating annual revenues of EUR  25
million. The current management team will remain with the company.
 
The acquisition will be  consolidated as of 1  January 2009 and  will
directly contribute  to the  profit  and will  be financed  from  own
resources.
 
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