Aalberts Investments takes a 25% stake in KMWE Group 

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Aalberts Investments and the current shareholders of the KMWE Group (KMWE) signed an agreement where Aalberts Investments acquires a 25% stake in KMWE. KMWE is here with reinforcing its strategic and financial position in preparation for the strong growth forecasts for the coming years.

In the past few years KMWE experienced a significant growth in turnover of around € 20 million in 2009 to € 86 million in 2016. Based on current expectations, the tempo in growth will persist in the coming years. In addition, KMWE will sustain a leading position in its market segment by expanding its activities and in developing both its employees as well to invest in state of the art technologies. A good example is the planned relocation of Dutch factories from several premises to one location, the Brainport Industries Campus (BIC) in the coming 1 to 2 years.

Edward Voncken, CEO of KMWE: "With Jan Aalberts, we not only have an investor on board and do we significantly increase our financial strength, but we will also reinforce our current team with his experience and network in our business."

The new one-tier Board will consist of two non-executives Jan Aalberts (chairman) and Berry Geven and two executive directors Edward Voncken (CEO) and Marc Evers (CTO/COO).

Jan Aalberts of Aalberts Investments said: "I am not only an investor but also want to be actively involved in the companies in which we invest, preferably rapidly growing companies which have a leading position in their field. KMWE is a beautiful company which exactly meets these conditions."

The new structure will be implemented immediately.

www.kmwe.com

Company

KMWE

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