13 January 2021
BontexGeo acquires Terageos
The BontexGeo Group, 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 French based company Terageos SA. In close cooperation with BontexGeo’s management Nimbus completed the deal at the end of December 2020.
Through this acquisition BontexGeo aims to further grow its business and strengthens its presence in France, an important geosynthetic market in Europe.
“This acquisition allows us to form a stronger company with a wider product portfolio to better serve our customers,” explains Rob van der Valk, Managing Director of BontexGeo. “Since the BontexGeo Group became an independent in 2019, we were dedicated to grow the company and confirm our reputation as a market leader in geotextiles. The acquisition of Terageos enables both and additionally provides us a significantly increased presence in the French market, through the established commercial network of Terageos.”
Terageos SA is an important player on the French geosynthetic market, with their composite products and as distributor of other geosynthetic products. As such, Terageos is also a long-standing partner of BontexGeo for the distribution of the Bontec range of geotextiles in France.
Terageos will remain operational under the same name, as part of the BontexGeo Group. Mr. Patrick Brochier, the President of Terageos, will remain in his current position to further manage the company together with his team.
“Bontexgeo has always been one of the main partners of Terageos,” says Patrick Brochier, president of Terageos. “This transaction will allow our companies to work together even more closely and benefit from the expertise present in both companies. Our manufacturing capabilities and products also complement the current BontexGeo portfolio to allow an improved service and offering to the market.”