The polyester resin unit of Büfa (Oldenburg, Germany; www.buefa.de) took charge of the composites distribution activities of Joh. Klinglhuber & Söhne Handelsgesellschaft (JKS, Traiskirchen, Austria; www.jks.at) on 1 January, according to the parent company.

With the acquisition, for which no financial details were disclosed, the German company is expanding the presence of Büfa Composite Systems both in Austria and in Eastern Europe.

The trading company JKS, founded in 1837, distributes products that include reinforcements, release agents and lubricants, resins and processing equipment, and core materials for the composites sector. A second business with materials for the construction industry is not part of the transaction.

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Büfa and JKS have had a partnership for more than 30 years. The acquired activities are to trade in the future as Büfa Composites Austria with headquarters in Vienna, with managing director to be Eike Siegert, who previously served as regional manager for Southeast Europe at Büfa Composite Systems.

Büfa, founded in 1883 initially as a trading company for coloured woods, oils and chemicals, today operates in the three business segments, chemicals, cleaning and composites. With around 700 employees, the group reported turnover of EUR 343 mn in 2021.