Bleckmann to acquire B2Tex and expand into Spain
Bleckmann and B2Tex are pleased to announce that Bleckmann has acquired a majority stake in the B2Tex group, a leading Fashion Logistics specialist with main operations in Spain. B2Tex operates under its well-known subsidiaries, Thinktextil and Handtex. From 8 logistics centers and multiple client premises, approximately 1,550 associates of Thinktextil and Handtex provide exceptional service to leading Fashion brands in Spain, fostering long-standing client relationships.
Commenting on the new partnership, B2Tex CEO David Sanz stated: "We are delighted to be working with Bleckmann. Becoming part of a like-minded organization will allow us to further scale our business and access the expertise of Bleckmann. Together with our team, we are looking forward to continuing to build our operations and offer a wider range of possibilities to our great client base in Spain and abroad."
Kurt Pierloot, CEO of Bleckmann, added: "We have come to know the B2Tex group as entrepreneurial and very client-focused Fashion and Lifestyle experts. These values match the DNA of Bleckmann. Through various conversations with the two major shareholders and management of B2Tex, we realized that our companies can significantly reinforce each other. At Bleckmann, we are excited to expand our operations to Southern Europe and present ourselves to many important Fashion and Lifestyle brands in the region. We look forward to working with the shareholders and extended team of B2Tex to further develop joint opportunities."
Kurt Pierloot further commented: "The cooperation with the two major shareholders of B2Tex, Alvaro Bordils and David Lasheras, has been instrumental in this partnership. Their support and vision align perfectly with our goals, and we are confident in the mutual benefits this acquisition will bring." The Spanish B2Tex group reported a revenue of approximately 62 million euros in 2023. This acquisition marks a significant step in Bleckmann's strategic expansion into Southern Europe, enhancing its service offerings and client base.