Hamburg/Cape Town (ots) – The Biesterfeld Group has acquired Aerontec, a leading South African distributor of advanced composite materials and associated technology solutions. The acquisition was completed today. As a result of the transaction, the Biesterfeld Group became a 100 percent shareholder of Aerontec Pty Ltd. Biesterfeld is thus continuing its geographical expansion and laying the foundation for the long-term expansion of its market position in a highly attractive region, in the area of composite materials and beyond.
Aerontec Pty Ltd was founded in 2002 and has grown to become a leading distributor of advanced composite materials in South Africa. Aerontec’s product portfolio includes an extensive range of materials, particularly for the shipping, transportation, consumer goods and aerospace industries. The company has certified warehouse and distribution locations in Cape Town, Johannesburg, Jeffreys Bay and Durban.
Dirk J. Biesterfeld, Chairman of the Supervisory Board of Biesterfeld AG, explains: “The sub-Saharan region in Africa is of great interest to Biesterfeld. Through the takeover, we are not only continuing to implement our global growth strategy, but we have also gained a great team that stands for the same goals and values as we do at Biesterfeld. I warmly welcome Graham Blyth and all new colleagues to our Biesterfeld family. We look forward to a successful future together.”
Stephan Glander, CEO of Biesterfeld AG, adds: “Graham Blyth, as the company’s founder, and his team have built an extremely successful, fast-growing company that combines sales and logistics with outstanding technological expertise and a wide range of services in the field of composite materials. This fits perfectly with our strategy of geographical expansion and an even greater focus on technology and consulting activities. We look forward to continuing Aerontec’s success, opening up new markets together and offering customers even more products and services with added value.”
Graham Blyth, founder and managing director of Aerontec, emphasizes: “Biesterfeld is a leading international distributor of plastics, rubbers and specialty chemicals with a great reputation and extensive expertise – making it a great company to accelerate our growth on a solid basis. And more importantly, it is a family-run business. We share the same view on how to do business. I look forward to combining our strengths and expertise to expand the portfolio of solutions for our customers and accelerate growth in the composites and other markets.”
Both parties have agreed not to disclose the transaction details.
About Biesterfeld AG
Biesterfeld AG, based in Hamburg, is the strategic holding company of the Biesterfeld Group, one of the leading international distributors of plastics, rubbers and specialty chemicals. Founded in 1906 as a trading and service company, today more than 1,100 employees at over 50 locations in Europe, North and South America, Asia and Africa generate annual sales of EUR 1.38 billion (FY 2023). The wholly family-owned group offers application technology expertise and advice on a broad product portfolio in the three business areas Biesterfeld Plastic, Biesterfeld Performance Rubber and Biesterfeld Specialty Chemicals.
About Aerontec Pty Ltd
Aerontec Pty Ltd was founded in Cape Town in 2002 by Graham Blyth and has continued to expand its business since then. Today Aerontec Pty Ltd is a leading supplier of advanced composite materials in sub-Saharan Africa. Leading global suppliers rely on Aerontec as their sole supplier to the African market. Aerontec’s product portfolio includes an extensive range of advanced composite materials, particularly for the shipping, transportation, consumer goods and aerospace industries. The company employs 40 people and has certified warehouse and distribution locations in Johannesburg, Jeffreys Bay, Durban and its headquarters in Cape Town. Aerontec also operates a technology sharing center and training site there for its customers.
Questions & Contact:
Press contact:
Biesterfeld Group
Sven Weber
Phone: +49 (0)40 32008-670
s.weber@biesterfeld.com
www.biesterfeld.com
Aerontec Pty Ltd
Graham Blyth
Phone: +27 (0)21 671 2114
graham@aerontec.co.za
www.aerontec.co.za ;