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Aalberts Investments acquires a 25% stake in KMWE. KMWE herewith wants to reinforce its strategic and financial position in preparation for the growth forecasts for the coming years.

In the past few years KMWE experienced a 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, KMWE expects. In addition, KMWE will be expanding its activities. The Dutch factories of KMWE will be moved from several premises to one location, the Brainport Industries Campus (BIC) in this or next year.

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: “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.”

Picture: Brainport Industries Campus