Aalberts N.V. (ENXTAM:AALB) is looking for acquisitions. During the Aalberts First Half 2026 Results Presentation, Stephane Simonetta, CEO, said, "We have an active funnel. We still have the same M&A criteria and the same priority also with our divestment program, where we expect to make further progress in our building and industry segment." "So continuing to rebalance our portfolio in order to have accretive EBITDA margin and organic growth update." "And we continue to deploy our capital allocation according to our policy, first returning dividend to our shareholders, investing for our business to drive profitable organic growth, doing accretive acquisition and continuing our share buyback program." "Let me confirm, we still have our 3 same priorities and to do further acquisition, I think we are well on track with our portfolio rebalancing, as you have seen also." "And we still have the same priorities.
So in building, looking at further expansion in North America and also from a portfolio optimization, especially in our commercial building, where we see high exposure to building consuming more energies and exposed to key verticals like data center, health care, hospitality. So that's still the priority. And we have a good funnel to look at target.
Also water treatment is actually one of our priorities." "Second industry is to continue what we have been doing. So I think Paulo was a great example. So continue to expand in North America but also looking in Europe in higher exposure to key verticals in order to rebalance our exposure between automotive and nonautomotive.
So we have a good funnel in Europe for bolt-on acquisitions".
