SP Group acquires 80 % of the shares in Bröderna Bourghardt AB in Sweden.
Bröderna Bourghardt is a leading supplier of products in Telene and in addition hereto the company has a minor production of components in PUR. The production facilities are situated in Latvia at the subsidiary Baltic Rim.
Telene is an exciting plastic material that has high impact strength and is chemical resistant. Telene is used worldwide in the offshore constructions, wind turbines, contractors’ machinery, agricultural machinery and the chemical industry.
Seller is David Bourghardt and he will continue as the managing director and joint owner of the remaining 20 % of the share capital. Bröderna Bourghardt was established in 1926 by David Bourghardt’s grandfather and has been in the family’s possession since then.
