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Purchase of ABG will strengthen company's position in the U.K.
May 13, 2021
By: Tara Olivo
Associate Editor at Nonwovens Industry
The BontexGeo Group, a European producer of geotextiles for civil engineering applications, has agreed on the acquisition of 100% of the shares of the West Yorkshire (U.K.) based company ABG Ltd, specialized in the development and sale of geosynthetic systems with a market leading position in the United Kingdom. Through this acquisition, which was completed on April 23, 2021, BontexGeo will reinforce its position on the important U.K. market. ABG Ltd is a market leader in the design, development, manufacture and technical support of high performance geosynthetic systems for use in a wide range of civil engineering, environmental and sustainable building projects. ABG is located in Meltham, situated between Manchester and Leeds. “This acquisition allows us to strengthen our position in the U.K. market and reinforces our commitment to invest in growth opportunities following the carve-out from Low & Bonar plc.” explains Rob van der Valk, managing director of BontexGeo. “The portfolio and expertise of ABG allow us to continue to build on our success of the last years.” ABG will remain operational under the same name, as part of the BontexGeo Group. Alan Bamforth, the managing director of ABG, will remain in his current position to further manage the company together with his team. “We look forward to our future as part of the BontexGeo Group” says Bamforth. “ABG has been working with BontexGeo for a long time and this step will provide opportunities on both sides to benefit even more from each other’s expertise and experience.”
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