Acquisition of Agentor by Reynaers

Reynaers Aluminium acquires technical wholesaler Agentor. The company thus strengthens its position in the Netherlands as a leading partner for steel system profiles, hardware and sealing products. 

Agentor N.V. becomes part of Reynaers Aluminium B.V. based in Helmond and active in the development and sale of aluminum facade systems in the Netherlands. Reynaers Aluminium B.V. is part of the international Reynaers Group which offers aluminum and steel facade solutions worldwide.

In-house sales of steel systems
With the signing of the contract on November 26, 2020, the directors Edgar van Ginkel of Reynaers Aluminium B.V. and Gert-Jan Zwep of Agentor N.V. formalized the acquisition. For Van Ginkel, this acquisition is a logical step in strengthening Reynaers' position in the Netherlands: ''Agentor handles sales of Forster's steel systems in the Netherlands, among other things. Since 2017, Forster has been part of the Reynaers Group and so we wanted to take control of sales of these systems in the Netherlands as well.''

''In addition, Agentor distinguishes itself with a great deal of knowledge in areas such as airtight construction, burglar resistance, access control and fire resistance. This forms an excellent complement to Reynaers' expertise. In this way we strengthen our innovative strength and can profile ourselves even better as a reliable knowledge partner in the construction column," explains Van Ginkel.

Agentor
Agentor has 30 employees and is based in Oud-Gastel. That location remains unchanged. In 2019, the company realized sales of 10 million euros. Director Gert-Jan Zwep - owner since 2001 - will remain closely involved in Agentor's operations after the acquisition. His father co-founded the company in 1976. Zwep: ''My two children have no interest in taking over the company. Then you start thinking further about the continuity of your company. We are an ambitious company. We want to become the market leader in steel systems in the Netherlands. As part of Reynaers, that should definitely succeed.'' 

Confidence in the market
The acquisition was preceded by careful consultations and negotiations. Van Ginkel: ''Corona caused uncertainties in the market development this year and therefore delayed this process. We now have sufficient confidence in the market to make this acquisition a success. I see many similarities between the two companies, for example in market approach, in customer support and also in the commitment and drive of the employees to make their business successful.''

Zwep concludes, ''I hope Agentor's employees become as enthusiastic about the Reynaers Group as I am by now.''