THE FRENEHARD & MICHAUX® GROUP ACQUIRES THE ALTREX GROUP
The industrial group, Frénéhard & Michaux, a major actor in access and safe working at height solutions, as well as a long-standing player in roofing accessories has acquired the ALTREX® group, and thus pursuing its growth ambitions in the industrial sector relating to access and working at height activities.
The Frénéhard & Michaux group currently has a unique product offering for access and safe working at height, which falls under the TRUST AT HEIGHT® umbrella brand. These solutions are adopted by construction and industrial professionals who are committed to combining safety and productivity. Across all of its operating markets, the group’s product offering is marketed under the following brands: TUBESCA-COMABI®, SECURIGARD®, SYAM®, GAMESYSTEM®, SKYWORKS®, TENDO® et ARTUB®.
The ALTREX® group was established in 1950 in the NETHERLANDS; its main locations are in ZWOLLE (headquarter and factory), BORNEM (Belgium) and BARCELONA (Spain). For more than 70 years, the group has been designing, manufacturing and implementing access and working at height solutions for all Industrial and Construction sectors. A major player in the BENELUX, ALTREX also exports its products to more than 60 countries.
A beneficial move for the 2 companies and their customers
By acquiring the ALTREX group, a “best in class” supplier for access solutions, Frénéhard & Michaux continues to grow in the “working at height” sector, both geographically and operationally.
“As director of the ALTREX group, I think this is a great opportunity to create a strong, long-term strategic partnership which will benefit the future growth and continuity of the ALTREX group. By partnering with a large industrial group such as Frénéhard & Michaux, we will be able to combine our technical and commercial expertise to serve our existing markets better, enter new markets and expand our geographic reach.”
BERNARD ROTHAN (FRENEHARD & MICHAUX Group Chairman):“This acquisition reinforces our position in EUROPE and in the world as a key player in protection, access and working at height solutions. Our visionary concept, TRUST AT HEIGHT®, is expanding more than ever to offer even more solutions and services to our customers, whoever they are. I am happy to welcome our colleagues from ALTREX to our Executive Board and to steer the Group in its new configuration with Eugène DERKSEN. This process is taking place with an excellent spirit of cooperation between two groups who are both strongly committed to customer service and employee well-being.”
About Frénéhard & Michaux®
Frénéhard & Michaux, a family group of industrial companies, supports roofing specialists in their new markets for building cover, and, focuses on fall protection systems and working safely at height. All companies in the Frénéhard & Michaux group, (Frénéhard, Securigard, Tubesca-Comabi, FMS Ringue, Skyworks, Tendo, Artub, Roy, Syam, MA Estructuras and Gamesystem), share the same industrial tradition: a great expertise in aluminium and steel forming, and the same approach to height (scaffolding and ladders, accessories for roofs and roofing, and fall protection and guard rails). Trust At Height® is therefore the prime focus of their respective activities and their common denominator. Frénéhard & Michaux is a major European industrial group. By creating synergies between all its units, it aims to generate great ideas and strengthen the core businesses of each company. It builds around its historic brands to win new markets, expand its presence in the construction and industrial markets, and establish a leading European group.