Aalberts N.V. invests EUR 35 million together with GARBE Industrial Real Estate

News 30/01/2020

Amsterdam, 27 January 2020 – Dutch stock listed company Aalberts N.V. invests EUR 35 million together with GARBE Industrial Real Estate (GARBE) in a new manufacturing, distribution, office and training centre for its Aalberts hydronic flow control activity in Almere, the Netherlands. The 53,000 sqm sustainable facility will enable Aalberts hydronic flow control to even better service its customers, streamline and improve production and supply chain and gain more efficiency and growth.

The new location in Almere will facilitate the production of innovative pressurisation and storage technology for the fast-growing eco-friendly building market. The Aalberts hydronic flow control academy will be used to train partners, installers and building owners in realising the highest level of energy efficiency in buildings.

GARBE is a leading developer, owner and real estate investment manager with over EUR 5 bln. AuM, 10 offices in Europe and more than 200 employees. The company exists for over 50 years, is privately owned and predominantly based in Germany. GARBE is active in the complete value chain (development, acquisition & disposition and fund, asset and property management) in the sectors residential, office, retail and logistic/industrial. The development of this project is managed from the Dutch Office of GARBE, located in Amsterdam.

Aalberts N.V. engineers mission-critical technologies for ground-breaking industries and everyday life. Aalberts focuses on sustainable impact and unique market positions in eco-friendly buildings, sustainable transportation, semicon efficiency and industrial niches. With more than 16,000 employees, Aalberts operates from approximately 70 business locations and 80 service locations in more than 50 countries.

Aalberts hydronic flow control engineers, manufactures and specifies integrated hydronic flow control solutions -from source to emitter- to improve the performance and extend the lifetime of heating and cooling systems, while reducing cost of ownership for the building owner. It operates from 14 business locations in 8 countries and partners with building owners, contractors, specifiers and installers worldwide.