Rosti Group acquires Nimbus portfolio company Bianor Group, an injection moulder and assembly-solutions provider
Nimbus announces the signing of an agreement regarding the acquisition of 100% of the shares in the Bianor group of companies by Rosti Group. Bianor is an injection moulder and assembly-solutions provider to the major OEMs within the small household appliances, electrical goods and safety accessories sectors
Bianor was founded in 1997 as a Polish-Dutch joint venture in Bialystok, north east of Warsaw, Poland. Bianor has since developed a state of the art factory in Bialystok (2012) and a second facility in Ploiesti, Romania, 60 km outside Bucharest (2013). Combined, the two facilities offer 20,000 square meters footprint of modern manufacturing capacity, plus an additional 12,000 square meters of warehousing space. Bianor has in excess of 80 injection moulding machines ranging from 50 to 1,200 ton clamping force.
Bianor will be incorporated into the European division of the Rosti Group, led by Executive VP and Deputy CEO Mr Barry Coughlan, who commented: “We are delighted with the acquisition of Bianor. This will enhance our capacity, capability, customer base and geographic positioning, giving Rosti the opportunity to support additional customers within our global footprint. Bianor has an excellent culture, a skilled and dedicated workforce, modern facilities and a reputation for innovation and continuous improvement. All complimenting the ‘Rosti Way’ of operating”.
Edwin Puijpe of Nimbus added: ”Together with local management, we have worked hard over the last eight years to bring Bianor to where it is today. In this period we have invested in two brand new factories. The customer base has been increased from three to more than fifteen OEM customers, all with leading positions in their sector. We are very proud of what has been achieved through the dedicated management team and workforce, which we like to thank for that. We are confident that Bianor will continue to grow and develop under the Rosti leadership”.
Source: Nimbus Press Release