Aalberts completes acquisition of Grand Venture Technology Limited

Aalberts announced it has completed the acquisition of Grand Venture Technology (GVT), a precision engineering solutions provider headquartered in Singapore with six facilities across Singapore, Malaysia and China. GVT generated SGD 160 million in 2024 revenue with an adjusted 19% EBITDA margin and about 1,800 employees. The deal expands Aalberts into Southeast Asia’s semiconductor market in line with its ‘thrive 2030’ strategy and strengthens capabilities in components, mechatronics, assembly and testing across semiconductor, analytical life sciences, medical, aerospace and industrial automation industries. Aalberts expects multi‑year growth from the combination and will consolidate GVT results starting November 1, 2025. CEO Stéphane Simonetta said the acquisition creates a stronger platform to support customers with leading engineering technologies and unlocks growth in the region.