PLASTIFLEX announces acquisition of Amnitec BV26 january 2021
Plastiflex, a 3d-investors Company and global leading manufacturer of flexible hoses with headquarters in Paal-Beringen, Belgium announces an all asset acquisition of Amnitec BV, based in Rotterdam, the Netherlands.
Amnitec BV is part of the USA based Flex-Tek Group and is specialized in the manufacturing of high-grade flexible connectors such as composite and stainless steel hose assemblies, stainless steel expansion joints and rubber bellows.
Piet Gruwez, CEO at Plastiflex comments “We are excited about the quality of the Amnitec products and the quality and commitment of the employees. We are confident that this acquisition will allow us to further improve our position in the industrial flexible hose markets and will provide both operational and commercial benefits to all existing customers. As such, we look forwarding to providing the Amnitec BV customers with the same high level of product quality and service as previously provided”.
Hans Swinnen, Chairman of Plastiflex adds “This acquisition in the high end niche of composite- and stainless steel hoses fits well into our strategic focus to grow the industrial tubing business of Plastiflex. We are happy to welcome Hans Pijnacker and his team into our global family.”