Biesterfeld Group acquires Aerontec and expands its presence in Africa_Overseas information_news_China composite information network

Biesterfeld Group acquires Aerontec and expands its presence in Africa

   Date:2024-06-05     Source:CompositesWorld     Hits:199     Comment:0    
Core tips:The Biesterfeld Group has acquired Aerontec, a leading South African supplier and distributor of advanced composite materials and related technology. The closing was completed today. Through this transaction, the Biesterfeld Group has become the 100% shar
 The Biesterfeld Group has acquired Aerontec, a leading South African supplier and distributor of advanced composite materials and related technology. The closing was completed today. Through this transaction, the Biesterfeld Group has become the 100% shareholder  of  Aerontec  Pty  Ltd.  Biesterfeld  is  continuing  its  geographical  expansion,  laying  the foundation for the long-term expansion of its market position in a highly attractive region, not only in the composites sector but beyond it too.

Aerontec, founded in 2002, has developed into a leading distributor of advanced composite materials in South Africa. Aerontec’s product offering includes an extensive range of materials especially for the marine, transportation, consumer goods and aerospace  industries.  The  company has certified warehousing and distribution facilities in Cape Town, Johannesburg, Jeffreys Bay and Durban.

Dirk J. Biesterfeld, Chairman of the Supervisory Board of Biesterfeld AG, explains: “The sub-Saharan region is of high interest for Biesterfeld. With this acquisition, we are not only pursuing our global growth strategy but have also gained a great team, which shares the same goals and values that we hold at Biesterfeld. I welcome Graham Blyth and all new colleagues as part of our Biesterfeld family. We are looking forward to a successful future together.”

Stephan Glander, CEO of Biesterfeld AG, adds: “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.”

Graham Blyth, founder and Managing Director of Aerontec, emphasises: “Biesterfeld is a leading international distributor of plastics, rubber and speciality chemicals with high reputation and know-how, and therefore a great company to speed up our growth on a solid basis. In addition, and even more importantly, it is a family business with people sharing the same DNA in terms of how to do business. I look forward to joining our forces and expertise to accelerate the solution portfolio for our customers and the growth in the composites markets and beyond.”

 
 
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