BKB Group acquires BLW Kunststoffen and continues to explore further growth opportunities.
December 20, 2023
BKB Group, a renowned name in the plastic processing industry, has completed the acquisition of BLW Kunststoffen today. This significant development not only strengthens BKB Group's position in the high-quality plastic processing sector but also underscores the group's ongoing growth and expansion plans in collaboration with 365 Capital.
BKB Precision, a part of the BKB Group, has been a specialist in turning and milling plastic components with a strong focus on the semiconductor, medical, food, chemical, and analytical industries in the Netherlands and the rest of the world since 1982. BKB Group has an outstanding reputation for manufacturing complex, precise plastic components, such as manifolds.
In April 2022, BKB Precision took a crucial step towards future growth and market positioning by acquiring ANKRO in Werkendam, a trusted partner in the production of plastic components for industries including food, pharmaceutical, petrochemical, medical, analytical, and graphic. This acquisition was seen as a perfect match in corporate culture, ambition, and craftsmanship, offering opportunities for growth and continuity.
The acquisition of BLW, a well-established name in plastic processing, brings additional expertise and capacity to the BKB Group. This enables the group to better meet the growing needs of the high-tech market in terms of capacity and capabilities for plastic products.
BLW brings rich experience and expertise in the plastic industry, including specialized services in plastic turning, milling, machining, assembly, and cleaning. These skills complement the existing capabilities of the BKB Group perfectly, allowing for a more comprehensive and varied offering of high-quality plastic products.
With the addition of BLW to its portfolio, BKB Group reaffirms its status as a leader in the plastic processing industry, continuing its commitment to innovation, quality, and customer satisfaction.
In line with this development, BKB Group confirms its intention to continue growing with 365 Capital as its investment partner. Together, they continue to explore new acquisition opportunities that can strengthen the group and further enhance its market position.
Frank van Hoof, Director of BLW, expresses optimism about the future: "This acquisition by BKB Group is a fantastic development for BLW. It allows us to be part of a larger, more versatile organization while maintaining our core values and quality standards. I look forward to continuing to play an active role in the organization and contributing to mutual growth and success."
Mannes Westhuis, CEO of BKB Group, emphasizes the strategic importance of this acquisition: "By integrating BLW into our group, we not only increase our capabilities but also strengthen our market position. This acquisition allows us to offer our customers an even more extensive range of customized plastic solutions. Frank van Hoof will continue to play a crucial role within our organization, contributing to a seamless integration and the continuation of the excellent service for which BLW is known."
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