Feddersen Group acquires majority stake in Norwegian machine trading company

On July 14, 2020, the Feddersen Group acquired 75% of the shares in the Norwegian company PROTEC Scandinavia AS and 100% of the shares in PROTEC Scandinavia Sweden AB from Pemel Holding AS. Both companies trade in machinery and equipment for the plastics processing industry and represent long-established manufacturers in this segment.

With the acquisition of the shareholdings, the Feddersen Group is further expanding its regional presence in Northern Europe and will in future serve the Norwegian market with a legally independent company and its own sales structure. The portfolio of PROTEC Scandinavia AS will soon be expanded to include the distribution of engineering plastics. PROTEC Scandinavia Sweden AB is to be integrated into K.D. Feddersen Norden AB. Synergies within the group of companies are also to be exploited to a greater extent.

About K.D. Feddersen

The Feddersen Group has been established by the company K.D. Feddersen & Co., founded in 1949 by Karl Detlef Feddersen. For decades, the companies of the group have already concentrated on worldwide trading of chemical and technical products and represent known companies in the chemical-, investment-, and consumer goods producing industry by its own subsidiaries in Europe and worldwide.

Besides the foreign trade, our companies are operating in distribution of engineering compounds in Europe and Asia, in the stainless steel commerce as well as in the application-oriented development and production of special plastic compounds and mechanical engineering.

Since 2018, the company group is active in the field of knowledge-based services as well.

K.D. Feddersen GmbH & CO. KG (Hamburg), part of the Feddersen Group, specialises in the commercialisation and distribution of engineered plastics. With over 60 years of experience, the company offers qualified professional competence, customer-focused service and a sales and distribution operation performing to the highest standards in the plastics-processing industry.

Apart from Hamburg, K.D. Feddersen GmbH & Co. KG and its subsidiaries are located in Paris, Värnamo, Birmingham and Vienna.

Along with its branches AF-COLOR and BIO-FED Group division AKRO-PLASTIC GmbH in Niederzissen, Germany, is the European headquarters for the development and production of engineered thermoplastics, bioplastics and master batches. AKRO-PLASTIC operates further production sites in the Asian market in Suzhou, China, and in South America in the state of São Paulo, Brazil.

Automation Update