Hamburg/Cape Town, 3 June 2024 – Biesterfeld Group, a leading global distribution and service company in the field of plastics, rubber, and specialty chemicals, has announced the acquisition of Aerontec, a prominent supplier and distributor of advanced composite materials and technology in South Africa. The transaction was finalized on Monday, 3 June, 2024, making Biesterfeld the sole shareholder of Aerontec Pty Ltd.
Since its establishment in 2002, Aerontec has evolved into a leading distributor of advanced composite materials in South Africa. With a wide range of products catering to industries such as marine, transportation, consumer goods, and aerospace, Aerontec has established certified warehousing and distribution facilities in Cape Town, Johannesburg, Jeffreys Bay, and Durban.
According to Dirk J. Biesterfeld, Chairman of the Supervisory Board of Biesterfeld AG, the sub-Saharan region is of great interest to the company. He states, “With this acquisition, we are not only advancing our global growth strategy but have also gained a valuable team that shares our values and goals at Biesterfeld. We welcome Graham Blyth, founder and managing director of Aerontec, and all new colleagues as part of the Biesterfeld family. We look forward to a prosperous future together.”
Stephan Glander, CEO of Biesterfeld AG, further explains, “Aerontec’s fast-growing success is a result of their combination of distribution, logistics, and exceptional expertise in composite technology. This aligns perfectly with our strategy of geographic expansion and emphasizes our focus on technology and consultancy-driven businesses. We are eager to work with Aerontec to develop markets and provide customers with even more value-added products and services.”
Graham Blyth, founder and Managing Director of Aerontec, adds, “Biesterfeld’s reputation and expertise as a leading international distributor of plastics, rubber, and specialty chemicals make them the perfect partner to accelerate our growth. Equally important, they are a family business with a similar approach to doing business. We are excited about merging our expertise and resources to enhance our solution portfolio and drive growth in the composites market and beyond.”
The terms of the transaction have not been disclosed by the parties involved.
Biesterfeld AG, founded in 1906 in Hamburg, Germany, is the strategic holding company of the Biesterfeld Group. With over 1100 employees across 50 locations in Europe, North and South America, Asia, and Africa, the fully family-owned company generates an annual revenue of 1.38 billion EUR (FY 2023). Biesterfeld focuses on specialized market know-how and application-based technical advice across numerous industries, through its business divisions: Biesterfeld Plastic, Biesterfeld Spezialchemie, and Biesterfeld Performance Rubber.
Aerontec Pty Ltd, founded by Graham Blyth in 2002 in Cape Town, has continuously expanded its business and is today a leading sub-Saharan African supplier of advanced composite materials. The company has become a trusted sole supplier for global suppliers looking to enter the African market. Aerontec’s product offering includes a diverse range of advanced composite materials for industries such as marine, transportation, consumer goods, and aerospace. With a team of 40 employees, Aerontec has certified warehousing and distribution facilities in Johannesburg, Jeffreys Bay, Durban, and its headquarters in Cape Town. The company also operates a technology-sharing center and training facility for customers at its Cape Town headquarters.
For press inquiries, please 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
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