Biesterfeld acquires Norwegian distributor Lindberg & Lund Group

Biesterfeld acquires Norwegian distributor Lindberg & Lund Group

10:17 AM, 23rd August 2019
Biesterfeld logo

HAMBURG, GERMANY: Biesterfeld Spezialchemie acquires Norwegian distribution company the Lindberg & Lund Group.

Headquartered in Vestby/Oslo, Norway the company focuses on the technical distribution of raw materials and formulated products from areas 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 works with well-known manufacturers in long-lasting, strategic partnerships. Lindberg & Lund employs a total of 50 people in application technology, sales, administration and warehousing. 

"This acquisition is in line with our goal of continuously expanding our geographic footprint. Our growth strategy allows us to strengthen our core competencies and reinforce and expand our focus on high-quality, application-specific products and service-oriented solutions for our customers,” said Thomas Arnold, CEO of Biesterfeld.

"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. 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," added Steinar Lindberg, majority shareholder of the Lindberg & Lund Group.

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