Westinox Assets Taken Over by Elcee Belux
On Friday, March 24th, 2017 Elcee Belux bvba has acquired all the activities, names, customers and assets from Westinox International.
As a part of the International Elcee Group (founded in 1923) with headquarters in Dordrecht, Netherlands, ElceeBelux bvba operates in four segments: Casting & Forgings, Plain Bearings, Lifting Equipment and Fasteners.
The Elcee Group has experienced a stable, but dynamic growth. With a group turnover of >€65 million with eight European and three Asian offices, 240 experienced employees and customers in more than 15 countries, Elcee can rely on a strong international network.
Since its foundation in 1983 by Mr. Naessens, Westinox is known for its wide range of stainless steel fasteners, its excellent service and dedicated employees. As a result of the continuing globalization of the market, the sales performance of Westinox stagnated over the course of last years. This resulted in the opportunity to grow together through the acquisition in the larger Elcee Group.
With the addition of the Westinox activities to the Group, Elcee strengthens not only its growing position in the market for stainless fasteners, but also the continuity, growth and service of Westinox can be guaranteed for its customers.