Aalberts integrated piping systems announced an investment to manufacture its Apollo PowerPress products at its Pageland, South Carolina facility, with phased completion through 2027 and first US-made products expected in early 2027.
Aalberts sold BROEN A/S, a Danish valve manufacturer with about 500 employees and plants in Denmark, Poland and the United States, to Vexve Oy, a DevCo Partners portfolio company.
Aalberts is investing in new advanced production lines at its Pageland, South Carolina facility to manufacture Apollo PowerPress products in the US. The phased project runs through 2027, with first US-made products expected in early 2027.
Vexve Oy agreed to acquire BROEN A/S from Aalberts N.V. on December 1, 2025, with completion expected between January 1 and June 30, 2026, subject to regulatory approval. BROEN reported revenue of about 82 million for 2024.
Funds managed by PINOVA, together with NRW.BANK, have acquired VTI Ventil Technik GmbH, a Menden-based maker of high-pressure valves and regulators, from Aalberts N.V. The management team under Lutz Lohmann is investing alongside them.
Flamco, an expansion vessel maker owned by Aalberts, is relocating its offices, distribution centre and expansion vessel production from Bunschoten to a new building in Almere, Netherlands. The first pile has been driven and the move is expected in Q1 2021.