18 February 2021
BontexGeo acquires Stratex
The BontexGeo Group, 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 . In close cooperation with BontexGeo’s management Nimbus completed the deal in February 2021.
Through this acquisition 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 diversification of our portfolio,” 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. Phillipe 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 Phillipe 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.”