BENTELER Distribution International becomes sole owner of German subsidiary

Effective June 10, 2015, BENTELER Distribution International has bought the interest in BENTELER Distribution Germany, which was held by the Dutch company Van Leeuwen Pipe and Tube Group.

Thereby, the company becomes the sole owner of the German subsidiary, which is one of the biggest of more than 30 subsidiaries. The joint venture BENTELER Distribution Germany was founded in 2003, by a merger of Röhren- und Stahllager GmbH & Co. KG and Löwe & Jaegers GmbH, which is belonging to the Van Leeuwen Pipe and Tube Group. The Dutch company has now sold its 28 percent shares to BENTELER Distribution International.