Announced

Aalberts Industries to acquire KML Linear Motion Technology.

Synopsis

Aalberts Industries, a listed global industrial technology company, agreed to acquire KML Linear Motion Technology, a company specializes in designing and manufacturing high-quality electronics and semiconductors. Financial terms were not disclosed. “My special thanks goes to the deal-team from Livingstone, namely Jochen Hense, Johannes Faber and Konrad Kofen, who together with Achim Gippers of Adductum supported me from the initial approach throughout the full transaction cycle until the signing and made this international cross-border transaction possible,” Andreas Wiedrich, KML-Group co-founder and general manager.

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