ERJ staff report (BC)
Hamburg – Polymer distributor Biesterfeld AG has acquired all shares of KÃ¼ttner GmbH of Speyer, Germany, with immediate effect.
The transaction, which is still subject to regulatory approval, is intended to position Biesterfeld Plastic GmbH to expand its business in rubber, rubber chemicals and thermoplastic elastomers.
Carsten Harms, managing director of Biesterfeld Plastic, said: â€œâ€¦In recent years Biesterfeld Plastic has built a specialised rubber distribution structure across western Europe. Our new addition enables us to move further into the highly strategic markets of central…