Announced
Completed
Synopsis
Biesterfeld, a distributior and service company in the field of plastics, rubber and specialty chemicals, completed the acquisition of Aerontec, a distributior and service company in the field of plastics, rubber and specialty chemicals. Financial terms were not disclosed. "Founder Graham Blyth and his team have built a very successful, fast-growing company, which combines distribution and logistics with outstanding technology expertise and differentiated services in composites. That is why they are a perfect match with our strategy of geographic expansion and an even stronger focus on technology and consultancy-driven businesses. We look forward to building on Aerontec“s success, working together to develop markets and providing customers with even more value-added products and services," Stephan Glander, Biesterfeld CEO.
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