Biesterfeld Spezialchemie takes over the Lindberg & Lund Group. Lindberg & Lund AS is a Norwegian distribution company headquartered in Vestby/Oslo, Norway, which concentrates on the distribution of raw materials and formulated products, including adhesives, composites, electronics, oil/gas and lubricants. Founded in 1984, the owner-managed company cooperates with other branches in Sweden and Finland on the basis of long-standing strategic partnerships with well-known manufacturers. Lindberg & Lund employs a total of 50 people in application technology, sales, administration and warehousing.
The Lindberg & Lund Group’s range of products and services is an excellent complement to our portfolio in the Performance Products segment," explains Peter Wilkes, Managing Director, Biesterfeld Spezialchemie. This step will also enable us to expand our strategic presence in Europe and to Scandinavia and Finland. In addition to an excellent market reputation, Lindberg & Lund has a high degree of congruence with our supplier portfolio and a corporate culture that fits Biesterfeld perfectly. We are very much looking forward to continuing the successful company with its experienced and qualified employees in the coming years".
Thomas Arnold, CEO of Biesterfeld AG, added: The acquisition clearly goes hand in hand with our goal of continuously expanding geographically. With this growth strategy, we can strengthen our core competencies and expand and deepen our focus on high-quality application-specific products and service solutions for our customers.
I am very pleased that in Biesterfeld we have found a new owner and partner who will continue to develop our business in the long term. With their almost identical business model, both companies can jointly create valuable synergies," explains Steinar Lindberg, majority owner of the Lindberg & Lund Group. It was very important for us to find a buyer who shares our corporate cultural values as a family-run company. With Biesterfeld, our company will be continued in our spirit in the coming years".
About Lindberg & Lund AS
The Lindberg & Lund Group imports, produces and distributes lubricants, construction adhesives, solvents, composite materials, castings and auxiliary materials for industry. The company was founded in 1984 in the Nordic countries with headquarters in Norway and has warehouses and administration in all subsidiaries. The Lindberg & Lund Group represents well-known suppliers such as Dow, Huntsman, ExxonMobil and DuPont.
Source: www.biesterfeld.com