US Futures, European Stocks Down as Focus Remains on US Debt CeilingĪalberts CEO Steps Down Successor Nominated Global markets live: Agilent, Intuit, Palo Alto, Kohl's, Urban Outfitters. Transcript : Aalberts N.V., H1 2023 Earnings Call, Jul 27, 2023ĪALBERTS NV : Ex-dividend day for for final dividend Reports Earnings Results for the Half Year Ended June 30, 2023 completed the acquisition of Sentinel Performance Solutions Group Limited from Electra Private Equity PLC (LSE:ELTA) fund managed by G10 Capital Limited and others on April 15, 2021.Īalberts to Deconsolidate Disptek Unit in SeptemberĪn unknown buyer signed an agreement to acquire Disptek Group from Aalberts N.V.Īalberts N.V. Michael Loudon, Rob Britton, Robert Umpleby and Courtney Walker of Clearwater International acted as financial advisor and Dwf Law Llp acted as legal advisor to Electra.Īalberts N.V. The acquisition will directly contribute to the earnings per share. The management team of Sentinel, led by David Barrett, will continue to manage the company. The experienced management team of Sentinel, led by David Barrett, will continue to manage the company, with Sentinel becoming the specialist water quality division within Aalberts' hydronic flow control. The results of Sentinel will be consolidated as of May 1, 2021. Sentinel Performance Solutions reported an annual revenue of approximately £20 million in 2020. The transaction will be financed from existing credit facilities. Post completion of the acquisition, Electra intends retaining the cash received pending further asset realisations and confirmation of future distributions to shareholders in due course. acquired Sentinel Performance Solutions Group Limited from Electra Private Equity PLC (LSE:ELTA) fund managed by G10 Capital Limited and others for £22.2 million on April 15, 2021.
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