Engineering company Alucol acquired by the Swiss company BWB
As of March 2016, the sole shareholder Roderik Wuts will transfer his shares to BWB-Holding AG. This will make Alucol one of the largest specialists in the field of anodising and surface treatments in Europe. Alucol will become a full-service supplier as part of BWB.
Synergies are created for both parties. Alucol is the only company in the world that is able to anodise profiles up to a length of 22 meters, since the commissioning of their own production line in 2010. Alucol will be the first site of BWB in the Netherlands and will continue to function as an independent entity within the group. In addition, it benefits from specific markets in which BWB operates.
Frank Veelenturf, director of BWB-Alucol says: ‘Alucol is an excellent addition to the already existing activities of the BWB-Group. Conversely, Alucol can benefit from the specific operational markets of the BWB Group. We are therefore pleased to announce this step today’.
Orange Corporate Finance acted as advisor to the seller in the transaction process.
Alucol is one of the largest independent anodising companies in Europe in the field of aluminium profiles and sheet metal. Anodising is a surface treatment that prevents aluminium from corroding.
BWB-Group from Switzerland specialises in electrolytic, chemical and galvanic surface treatments. These surface treatments are applied in both industry and architecture. The services of the BWB Group are distinguished by the high demands placed on functionality, aesthetics and corrosion resistance. For this, BWB-Group has numerous branch specific certifications.