05 May 2021
BontexGeo acquires ABG
The BontexGeo Group has agreed on the acquisition of 100 % of the shares of the West Yorkshire (UK) based company ABG Ltd, specialized in the development and sale of geosynthetic systems with a market leading position in the United Kingdom.
Through this acquisition, which was completed on 23 April 2021, BontexGeo will reinforce its position on the important UK market.
ABG Ltd is a market leader in the design, development, manufacture and technical support of high performance geosynthetic systems for use in a wide range of civil engineering, environmental and sustainable building projects. ABG is located in Meltham, situated between Manchester and Leeds.
“This acquisition allows us to strengthen our position in the UK market and reinforces our commitment to invest in growth opportunities following the carve-out from Low & Bonar plc.” explains Rob van der Valk, Managing Director of BontexGeo. “The portfolio and expertise of ABG allow us to continue to build on our success of the last years.”
ABG will remain operational under the same name, as part of the BontexGeo Group. Mr. Alan Bamforth, the managing director of ABG, will remain in his current position to further manage the company together with his team.
“We look forward to our future as part of the BontexGeo Group” says Alan Bamforth, managing director of ABG. “ABG has been working with BontexGeo for a long time and this step will provide opportunities on both sides to benefit even more from each other’s expertise and experience.”
Nimbus sourced the deal and was in the lead on the execution. After the acquisition, Nimbus will play an important role in the integration strategy of the ABG company with the BontexGeo group of companies.
For further information, please contact Alexander de Haas at adh@nimbus.com