Aalberts NV

Based out of Utrecht, Aalberts N.V. is an industrial manufacturer that was founded in 1975 by Jan Aalberts. The Dutch manufacturer is heavily involved in climate, industrial, installation and material technology. More specifically, integrating piping systems, hydronic flow control, heat and surface treatment, liquid regulation and much more. Aalberts N.V. is very active in terms of acquisitions, including Conbraco Industries in 2010 and Ventrex Automotive in 2015. Aalberts N.V., trading as AALB.NV on the Euronext, went public in 1987. AALB.NV has been part of the AEX index since 2015. The AEX is comprised of the 25 most traded Dutch stocks on the Euronext. Prior to going public, the company name was Aalberts Industries. 2006 was a turbulent year for Aalberts N.V. The company was fined €100 million by the European Commission. They were accused of being part of a copper fitting cartel, but an appeal in 2011 saw the fine overturned by the European Court of Justice. The European Commission has strongly opposed the decision of the ECJ. However, Aalberts N.V. has always adamantly denied any wrongdoing. Diversify your portfolio today with AALB.NV stock, available on the eToro platform.