Bülte Group, which has been active in the manufacture of plastic fasteners and protection products since 1956, is now extending the scope of its activity by acquiring the specialised plastic fasteners division of Werit in Germany.
Negotiations were concluded at the end of June 2021 between Mr Schneider and Mr Stein of Werit Group and Stefan Bülte, president of the Bülte Group. The acquisition represents a strategic turning point in Bülte’s business policy and a new direction for the future.
With this investment Bülte is expanding its tooling range, which will enable the company to further improve both its quality and manufacturing efficiency. It will also strengthen its position in the eastern and northern European markets. Bülte will continue to maintain its current production facilities, mainly in Germany, thus maintaining and confirming its ‘Made in Germany’ criteria for ever greater quality, flexibility and reactivity.
Like Bülte, Werit Group is a family-owned company with production sites throughout Europe. Specialising in thermoplastics for injection moulding and blow moulding technology, Werit will concentrate on its other business areas. Bülte Group will further strengthen its market position in the field of plastic fasteners by taking over a long-standing market companion.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
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