Biesterfeld AG

As the new millennium begins, Biesterfeld embarks. on a strategic realignment of the group’s structure. Not only trade and distribution, but also technical service, development and customer support have long been important factors. The structure of the divisions as independent companies mobilizes massive growth potential.

In 2000, the growth of data processing and software development requirements in Biesterfeld’s IT sector lead to the formation of BIT-SERV. The new company develops solutions for the Internet, and offers data processing and network applications not only for the group itself, but also for external customers.

The joint venture Biesterfeld Chemiedistribution GmbH in cooperation with Brenntag commences its activities at the beginning of 2003. Its establishment is a significant step by the Biesterfeld Group towards concentration on its core competencies in the fields of advice and applications support. On the factory site in Cologne, Biesterfeld Chemiehandel GmbH & Co. KG can now look back on more than thirty years’ experience in contract packaging. It is also committed to responsible use of the environment by means of exemplary site analysis and remediation.

In April 2004, Wilhelm E.H. Biesterfeld GmbH & Co. KG, the group’s parent company, becomes Biesterfeld AG, in the legal form of a public company. Executive and Supervisory Boards are established and start their successful work. This caters for the increased demands on the group and paves the way for the placement of profit-participation rights. The company’s equity capital base thus grows substantially. Focussing on the opportunities of the capital market while at the same time maintaining the family character of the business assures the group’s successful growth in its core business fields.

As a result of undivided concentration on the core business fields the outstanding shares of Biesterfeld Siemsglüss International GmbH are acquired in July 2005. This division’s specialization in international trade of industrial chemicals, pharmaceutical raw materials and agro-chemicals generates great synergy potential throughout the group.