Soudal realizes two foreign acquisitions in one week

Soudal is pleased to announce the acquisition of two exclusive foreign distributors. In New Zealand, local partner Holdfast NZ Ltd. was acquired. in Finland Joints Oy. will become the local Soudal branch. It is symbolic of the global expansion policy of Soudal that the two locations are almost perfectly each other's geographical antipodes.

Both Holdfast NZ Ltd. in New Zealand and Finland’s Joints Oy have been exclusive Soudal distributors in their country for several decades. Holdfast New Zealand Ltd, a leading wholesaler of sealants, adhesives and Polyurethane Foams for construction, industry and retail markets is a family business with a turnover of approximately 13 million € in 2018 and employs 44 people. The Finnish Joints Oy will conclude 2018 with a turnover of approximately 6 million € and has 12 employees.

Read more in the press release