Borflex acquires French elastomer-coated fabrics specialist
Bobet to bring new product range, international customers to French components maker
Hermes, France – French rubber/polymer parts manufacturer Borflex has acquired Bobet Group, an elastomer-coated fabrics producer also based in France.
Founded in 1937, Bobet manufactures rubberised doctor blade-coated fabrics, according to a Borflex announcement, issued 25 May.
With production facilities and headquarters in Grand-Quevilly, Normandy, the acquired business exports more than 55% of its products, said Borflex.
The acquisition, it stated, will enable the Hermes, northern France-based group to expand its product range and strengthen position in international markets.
“Bobet will bring to Borflex its experience and competence in research and development and its international customer network,” the statement added.
According to the company, the purchase is part of a growth strategy, which entails diversifying its product portfolio and expanding the customer-base.
Borflex specialises in the design and manufacture of rubber, silicone, TPE and polyurethane parts, as well as composite-based products.
With annual sales of around €50 million, 30% from exports, the company supplies industries including railway, aerospace, hydroelectric, nuclear and shipbuilding.
Borflex employs 375 people across 10 manufacturing sites in France and one in Switzerland.