August 22 2019, David R Brown
Biesterfeld Spezialchemie acquires Norwegian distributor Lindberg & Lund AS
Biesterfeld Spezialchemie has acquired the Norwegian distribution company, Lindberg & Lund Group, headquartered in Vestby/Oslo, Norway. The company focuses on the technical distribution of raw materials and formulated products in to industry areas including adhesives, composites, electronics, oil/gas and lubricants. The owner-managed company employs a total of 50 people in application technology, sales, administration and warehousing at its branches in Sweden and Finland.
This step will allow us to expand our strategic presence in Europe and to extend to Scandinavia and Finland
Peter Wilkes
Managing Director of Biesterfeld Spezialchemie
“The range of products and services offered by the Lindberg & Lund Group perfectly complements our portfolio in the area of performance products,” explains Peter Wilkes, Managing Director of Biesterfeld Spezialchemie. “Furthermore, this step will allow us to expand our strategic presence in Europe and to extend to Scandinavia and Finland. Alongside its excellent market reputation, Lindberg & Lund is very consistent with our supplier portfolio and has a company culture that is well suited to Biesterfeld. We are delighted to be able to continue this successful company with its experienced and qualified employees over the coming years.”
Thomas Arnold, CEO of Biesterfeld, adds: “this acquisition is in line with our goal of continuously expanding our geographic footprint. Our growth strategy allows us to strengthen our core competencies and reinforce and expand our focus on high-quality, application-specific products and service-oriented solutions for our customers”.
“I am very happy that, in Biesterfeld, we have found a new owner and partner that will continue to develop our business over the long term. Both companies can build valuable synergies together with their almost identical business models,” explained Steinar Lindberg, majority shareholder of the Lindberg & Lund Group.
Founded in 1984, the Lindberg & Lund Group imports, manufactures and distributes lubricants, construction adhesives, solvents, composite materials, castings and auxiliaries and represents well-known suppliers such as Dow, Molykote, Huntsman, ExxonMobil and DuPont.
About Biesterfeld Spezialchemie
Biesterfeld Spezialchemie is one of the leading international distributors of specialty chemical products and solutions worldwide. The product portfolio focuses on the requirements of selected industries, including personal care, healthcare, paints and coatings, adhesives, polyurethane, construction, nutrition, electrical, electronics and energy. As a partner to leading global suppliers, the company is represented in Europe and Latin America and provides solution-orientated, technology-based expertise as well as customised solutions. Biesterfeld Spezialchemie is part of the Biesterfeld Group,
which has been active as a trade and service company for 113 years. With over 40 locations worldwide, the largely family-owned group is one of the leading distributors for plastics, rubber, and basic and specialty chemicals.
Source(s): Biesterfeld Press Release