Biesterfeld AG is one of the leading chemical and plastics distribution companies in Europe. With more than 40 locations worldwide, the company generates annual sales of over EUR 1.2 billion in its “Plastics”, “Specialty Chemicals” and “Performance Rubber” divisions. The Hannover Finanz funds held a 28.6 per cent stake in Biesterfeld AG from 2011 to 2021. During this time, the company developed very positively and expanded into new regions and business areas.
In October 2021, the Biesterfeld family bought back the shares held by HANNOVER Finanz under a call option. This means that Biesterfeld AG is once again 100 per cent family-owned after a successful 10-year partnership.