The Bossard Group expands its market position with fastening technologies by acquiring the Belgian company Dejond Fastening NV.
Dejond Fastening NV, headquartered in Antwerp, employs 68 people and expects net sales of around EUR 15 million for the current financial year. With its own brand Tubtara®, the company is one of the leading manufacturers of blind rivet nuts and specialises in the distribution of high-quality fastening systems. With this acquisition, Bossard will further strengthen its market presence in the Benelux region.
“Bossard has been working with Dejond for over 30 years. We have consistently been impressed by their reliability and innovations ever since. By combining their technical expertise with our global market reach, technical sales expertise and trusted access to a wide range of industrial customers, we see great potential to offer even more value to our existing and new customers,” said Daniel Bossard, CEO of the Bossard Group.
“Becoming part of the Bossard Group guarantees continuity for our existing customers and it opens up completely new possibilities to expand the global market presence of Tubtara®. It will give us new opportunities to widen our product offering and invest into new technologies and sales capabilities,” said Jan Maeyens, Director R&D and Manufacturing at Dejond.
The metal business including the Metal Service Centre are not part of the acquisition and will continue to operate independently under the name Dejond NV. The acquisition is being financed through the use of existing credit facilities. Both parties have agreed not to disclose the purchase price for the transaction concluded on June 28, 2024.
