Dutch precision moulder Helvoet Holding (Hellevoetsluis) has announced the acquisition of Rosti Nederland (Tilburg / The Netherlands), part of Sweden’s Rosti (Malmö; www.rosti.com) group. The Dutch group says the purchase, the price of which was not disclosed, would help strengthen its position in the medical devices and packaging as well as beverage systems markets. Pending the approval of the relevant competition authorities, the deal is expected to receive the official go-ahead in December 2011.

“The acquisition of Rosti Nederland strengthens the position of Helvoet in the markets for medical devices and packaging and beverage systems. It also contributes significantly to a healthy distribution of our activities in our key markets for automotive and industrial applications,” said Helvoet CEO Peter Rijkoort. Once the acquisition has been approved, Rosti Nederland will be renamed Helvoet (Tilburg), with earnings expected to be accretive immediately.

Founded in 1939, Helvoet specialises in custom-made, high-precision plastic and rubber components for the automotive, industrial and medical packaging sectors. The group’s 550 employees last generated sales of EUR 65m. Helvoet owns facilities in Hellevoetsluis / The Netherlands, Lommel / Belgium, Pune / India and also operates sales departments in Detroit / USA and Singapore.

Rosti Nederland is an injection moulder and contract manufacturer specialised in the food, beverage, industrial, medical and pharmaceutical markets. Its 65 employees last generated sales of EUR 15m.