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M&A Deal Summary

Biesterfeld Acquires Aerontec

On June 3, 2024, Biesterfeld acquired distribution company Aerontec

Acquisition Highlights
  • This is Biesterfeld’s 1st transaction in the Distribution sector.
  • This is Biesterfeld’s 1st transaction in South Africa.

M&A Deal Summary
Date 2024-06-03
Target Aerontec
Sector Distribution
Buyer(s) Biesterfeld
Deal Type Add-on Acquisition

Target

Aerontec

Cape Town, South Africa
Aerontec is a distributor of advanced composite materials. Aerontec´s product offering includes an extensive range of materials especially for the marine, transportation, consumer goods and aerospace industries. Aerontec was formed in 2002 and is headquartered in Cape Town South Africa.

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Buyer(S) 1

Buyer

Biesterfeld

Hamburg, Germany
Category Company
Founded 1906
Sector Chemicals
DESCRIPTION

Biesterfeld specialized in chemicals and plastics distribution, with over 50 branches worldwide Biesterfeld was founded in 1906 and is based in Hamburg, Germany.

DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: South Africa M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-22 The Lindberg & Lund Group

Vestby, Norway

The Lindberg & Lund Group is an importer, manufacturer, and distributor of lubricants, construction adhesives, solvents, composite materials, castings and auxiliaries to the industry. The Lindberg & Lund Group is based in Vestby, Norway.

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