Aalberts acquires Applied Process
Aalberts N.V. (Utrecht, Netherlands) has reached an agreement to acquire AFS Corporate Member Applied Process, which has U.S. locations in Livonia, Michigan; Oshkosh, Wisconsin; and Fort Smith, Arkansas.
Applied is active in the austempering process, a heat treatment technology to solve engineering problems.
“Most of the business is derived from engineering conversions, providing conceptual design and engineering assistance,” the company said in a release. “A dedicated R&D center is supporting the customers with this conversion and developing new technologies.”
Aalberts, which is in the austempering sector, said Applied’s existing management will work with Aalberts’ management team.
“Applied is strengthening the service network in regions where Aalberts is not active yet and vice versa,” the company said.