250 employees will be affected by the turnover. The combined turnover of these activities is approximately eur 23 million. The companies to be taken over are Philips Galvanotechniek Eindhoven (PGE) and Heat & Surface Treatment (H&ST) in Acht. The acquisition will also be notified to the Dutch Competition Authority NMa. ![]() As part of the deal Aalberts Industries will take over some business units from Philips.Ī request for comments on the proposed acquisition was submitted to the works councils and trade unions in mid-2001. It has found this partner in Aalberts Industries N.V. In view of this, it has been seeking a partner for its materials treatment (heat and surface treatment) activities. Philips Enabling Technologies Group (Philips ETG) has decided to concentrate on its core activities. are to work together intensively throughout the world in the area of Material Technology (heat and surface treatment). Philips Enabling Technologies Group and Aalberts Industries N.V.
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