KLINGER Spain expands with acquisition of Productos Salinas and Juntas Besma
Two renowned companies are now part of the KLINGER Group. With the acquisition of Productos Salinas and Juntas Besma, KLINGER Spain strengthens its position in the sealing solutions market.
As of September 17, KLINGER Spain proudly announces the acquisition of two renowned companies in the sealing solutions market: Productos Salinas and Juntas Besma. This strategic move significantly strengthens KLINGER's presence in the Spanish market and introduces an expanded range of products, offering enhanced value to customers and partners. With the addition of sealing products, industrial gaskets, rubbers, engineered mechanized profiles, and the exclusive Vulkollan® polyurethane, KLINGER Spain will broaden its reach in various industries.
Productos Salinas, known for its expertise in manufacturing customized sealing products, brings an impressive product line to the KLINGER family, including sealing products, industrial gaskets, rubbers and engineered mechanized profiles. In addition, Productos Salinas holds an exclusive license from Covestro in Spain for the Vulkollan® polyurethane and is a key player in the supply of these products. Juntas Besma complements this offering with its commercial capillarity especially in the Basque country, offering sealing-related products from well-known suppliers.
“With the acquisition of Productos Salinas and Juntas Besma companies, KLINGER Spain strengthens its presence in the Basque country and at the same time completes a truly seamless product portfolio of sealing solutions that complements the existing KLINGER Spain portfolio."
From September 17, Manuel Tabasco will manage not only KLINGER Spain, but also Productos Salinas and Juntas Besma.
This acquisition opens the door to previously untapped industry segments, including renewable energy (wind energy) and OEM serving various industry segments.
The acquisition allows KLINGER Spain to seamlessly integrate the expertise and facilities of Productos Salinas and Juntas Besma seamlessly into its operations. Both companies, located in Zaratamo, Vizcaya, operate from a shared facility with a 3,500 square meter manufacturing plant and a 5,000 square meter warehouse. KLINGER Spain plans to maintain the current staff and facilities, ensuring stability while promoting future growth.
Manuel Tabasco will continue to lead Productos Salinas and Juntas Besma as Managing Director, working alongside Gorka Lasa, General Manager of both acquired companies, and a dedicated team of over 70 employees. This integration aims not only to strengthen KLINGER's market presence in the Basque country but also to drive expansion beyond Spain’s borders.
A Strategic move for internationalization
The Basque country is a major industrial hub, and this acquisition will allow KLINGER Spain to benefit from local proximity to its customers, boosting its presence in northern Spain. In addition, the expanded product portfolio, combined with the new capabilities brought in by Productos Salinas and Juntas Besma, sets the stage for KLINGER's ambitions of further internationalization.
“Productos Salinas and Juntas Besma are highly complementary acquisitions in terms of product, industry, market orientation segments, customers, and location. We are glad to have them on board.”
Daniel Schibli, CEO of the KLINGER Group
The acquisition offers cross-selling opportunities and strengthens KLINGER's position as a leading supplier of industrial sealing solutions.
“We are delighted, to have found the perfect partner for the future of Productos Salinas’ and Juntas Besma’s future. We were particularly interested in ensuring that the companies were in good hands”, says the Carmen Lequerica family, former shareholders of Productos Salinas and Juntas Besma, when the contract was signed with Daniel Schibli (2. from left) and Manuel Tabasco (1. from right).
