Industry Activities
Bülte Acquires the Fasteners’ Division of Werit
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2021-08-10
The summer of 2021 marks a new milestone in the history of Bülte. The 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 the company Werit in Germany. Negotiations were concluded at the end of June 2021 between Mr Schneider (Werit) / Mr Stein (Werit) 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 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, the Werit Group is a family-owned company with production sites throughout Europe. Founded in 1949 by the engineers Wilhelm Schneider and his son Helmhold, the company with its headquarters in Germany is celebrating its 72nd anniversary this year. Another similarity to Bülte, which is celebrating 65 years of continuous existence this year. Specialising in thermoplastics for injection moulding and blow moulding technology, Werit will concentrate on its other business areas. The BÜLTE Group will further strengthen its market position in the field of plastic fasteners by taking over a long-standing market companion.
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