Biesterfeld Group has acquired Aerontec, a leading South African distributor of advanced composite materials, marking its strategic entry into the African market.
Information on the Target
The Biesterfeld Group has finalized its acquisition of Aerontec, a leading supplier and distributor of advanced composite materials in South Africa. Founded in 2002, Aerontec has built a strong reputation and established market leadership across diverse sectors, including marine, transportation, aerospace, and consumer goods. The company operates certified warehousing and distribution facilities strategically located in Cape Town, Johannesburg, Jeffreys Bay, and Durban.
Aerontec offers a wide range of specialized materials designed to meet the needs of high-demand industries. This extensive product diversification positions Aerontec favorably aligned with Biesterfeld’s strategic objective to enhance its market presence and expand its product offerings.
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Industry Overview in South Africa
The composite materials industry in South Africa is experiencing robust growth, driven by increasing demand from various sectors such as automotive, construction, and aerospace. This growth is propelled by the need for lightweigh
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Biesterfeld Group
invested in
Aerontec
in 2024
in a Other deal