Biesterfeld Spezialchemie acquires Norwegian distributor Lindberg & Lund AS

 

Biesterfeld Spezialchemie (Hamburg, Germany) has announced that it has acquired Norwegian distributor Lindberg & Lund Group (Vestby/Oslo, Norway). Lindberg & Lund distributes raw materials and formulated products such as adhesives, composites, electronics, oil/gas and lubricants. The company, which is managed by its owners, was founded in 1984 and has branches in Sweden and Finland. It employs a total of 50 people in application technology, sales, administration and warehousing.

“The range of products and services offered by the Lindberg & Lund Group perfectly complements our portfolio in the area of performance products,” says Peter Wilkes, managing director of Biesterfeld Spezialchemie.
“Furthermore, this step will allow us to expand our strategic presence in Europe and to extend to Scandinavia and Finland.”

“I am very happy that, in Biesterfeld, we have found a new owner and partner that will continue to develop our business over the long term. Both companies can build valuable synergies together with their almost identical
business models,” says Steinar Lindberg, majority shareholder of the Lindberg & Lund Group. “For us, it was very important to find a buyer that shares our company values as a family-run business. With Biesterfeld at the helm, our company will continue to be led in line with our values over the coming years.”