Van Leeuwen Pipe and Tube Group to acquire BENTELER
29 August 2019
The Van Leeuwen Pipe and Tube Group have entered into an agreement to acquire BENTELER Distribution, a division of BENTELER International AG with an annual turnover of about € 750M (2018). This strategic acquisition will provide Van Leeuwen access to additional key markets in Europe and will contribute to improving its position as a leading distributor of pipe and tube materials in Europe.
BENTELER Distribution (BD) is an international distribution company offering a full range of carbon and stainless steel tubes and customized services, operating in the mechanical engineering, automotive, energy, construction, and shipbuilding industries. The company has 1,600 employees in 59 locations, including storage facilities, across 24 countries. The addition of BD will significantly expand Van Leeuwen’s global presence, specifically in Germany, Switzerland, Scandinavia and Central Europe.
Van Leeuwen's strategy is to expand and improve its market position in various market segments and countries through acquisitions and autonomous growth. The addition of BD to the Van Leeuwen Pipe and Tube Group will provide Van Leeuwen with an extensive distribution network in Europe, creating opportunities to expand Van Leeuwen’s range of products, value-added services and treatments for its customers. The scale of the combined companies will enable further development of innovative solutions for customers, optimized and specialized stocks with proximity to the customers, and investments in IT-supported customer interfaces and effective distribution.