BSM Valves B.V. has reached an agreement for the sale of 100% of its shares to Aalberts Industries N.V. in the Netherlands. Aalberts Industries, specialist in high performance valves, has strengthened its position in the oil & gas market with the acquisition of BSM Valves. Crossminds guided BSM Valves in the sale.
The deal between BSM Valves and Aalberts Industries has been closed on the 10th of January 2013. Crossminds assisted BSM Valves with the sale of 100% of its shares to Aalberts Industries. With the acquisition of BSM Valves, Aalberts Industries Flow Control takes an important strategic step by adding a wide-ranging product portfolio of special high-quality valves with an excellent brand name and service.
BSM Valves develops, manufactures, assembles and tests customer-specific valves for the oil & gas industry, the (petro)chemical industry and the energy market. The company is based in Breda, the Netherlands and generates with around 60 employees, an annual turnover of roughly 17 million euros. The current management will retain the day-to-day management after the takeover in order to allow the company to grow faster, together with Aalberts Industries.
This sale was supervised by Marco dú Pre
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