Aalberts to acquire Paulo Products Company.

Aalberts, a global industrial technology company, agreed to acquire Paulo Products Company, a provider of industrial heat treatment and related services. Financial terms were not disclosed. "We are excited about the growth potential in the different end markets and are looking forward to welcoming Paulo’s employees to Aalberts. This strategic acquisition will further enhance our proximity in North America and Mexico as per our ‘thrive 2030’ strategy. Together, our leadership position will enable us to serve our customers with short lead times, high quality and full-service capabilities," Stéphane Simonetta, Aalberts CEO.