Zele, 24/2/2021 – The BontexGeo Group, a European industry leader in the production and sale of geotextiles for civil engineering applications, has agreed on the acquisition of 100 % of the shares of the Swiss based company Stratex SA, specialized in the sale of geosynthetic and building products with a strong market position in Switzerland.
Through this acquisition, which was completed on 17 February 2021, BontexGeo will confirm its leading position in the market of geosynthetics and will further expand its product offering.
“This acquisition is a next step on our path of growth and to reinforce our position in the market,” explains Rob van der Valk, Managing Director of BontexGeo. “Since the BontexGeo Group became independent in 2019, we have been dedicated to confirm our reputation as a market leader in geotextiles and find ways to explore new markets. The broad product portfolio, expertise and network of Stratex enable both.”
Stratex SA is an established player on the Swiss geosynthetic and building market, serving the market for over 20 years with their range of products and high quality service. The range includes bituminous products, geotextiles, drainage and erosion control products and others. Stratex serves their customers from their offices in Delémont, where the extensive warehouse and proprietary logistic service is also located.
Stratex will remain operational under the same name, as part of the BontexGeo Group. Mr. Philippe Kiener, the President of Stratex, will remain in his current position to further manage the company together with his team.
“We look forward to the cooperation with BontexGeo,” says Philippe Kiener, president of Stratex. “This transaction will provide Stratex the benefits of being part of a larger European group. Stratex, on the other hand, has some specific products that offer some new possibilities for BontexGeo.”
About the BontexGeo Group
BontexGeo is one of the leading suppliers of geotextiles with manufacturing locations in Europe. The company is selling into more than 60 countries worldwide. Bontexgeo has a long history, dating back to 1925, in the development and production of technical textiles and has a proven track record of over 30 years in the production and supply of geotextiles. Bontexgeo develops, produces and sells high quality nonwovens and wovens made from different polymers, which help our customers to be successful in their projects. Typical applications include erosion control in coastal protection, road and railway construction projects, membrane protection in landfills and drainage systems.
Stratex is a company that is specialized in the sale of high-end specialty products for the construction industry, such as road construction, buildings and tunnels, landfills and environmental projects. The technical team and partners provide expertise and service to the customers, while the in-house logistics service provides optimal delivery. Stratex has been active in the Swiss market for over 20 years already. The company is headquartered in Delémont, Switzerland.
For further information:
Rob van der Valk, Managing Director BontexGeo, +31 6 53 33 65 65