Construx to acquire Weckenmann
Wolfgang and Hermann Weckenmann have agreed with Construx’s Anthony Jannes and Ward Demyttenaere on the main terms of the 100% takeover with the acquisition expected to be finalized in the coming weeks.
With the takeover of Germany’s Weckenmann, Belgium’s Construx becomes the global player in “the formwork and machines and installations for prefabricated concrete elements” sector.
In a statement, Construx said it aims to remain at the forefront of the consolidating market of formwork and mould manufacturers, as exemplified by its company motto “Shaping the Future of Concrete”.
Construx has been a worldwide player in this niche market since 2003, with engineering, production, and project management all done in-house from one of seven branches in Belgium, the Netherlands or Romania.
Speaking at the signing ceremony, Construx’s Anthony Jannes and Ward Demyttenaere said: “As a technically driven engineering and production company, Construx relies on the competence, inventiveness, experience and, above all, the enthusiasm of its employees, to develop turnkey precast and on-site formwork systems. The combination of a flexible approach and a determined attitude guarantees that Construx is not only a supplier, but also a partner for its customers.”
Since it’s formation 20 years ago, Construx product portfolio has expanded from simple moulds to formwork for infrastructure, high-end in-situ formwork systems and complex precast moulds and machines.
“What was missing, said Construx’s Ward Demyttenaere, “were circulation plants and machines for the automated production of precast concrete elements. With the acquisition of Weckenmann, the portfolio is completed.”