Delta Plus: acquisition of Armor in Benelux

(CercleFinance.com) - Delta Plus Group announces the acquisition of Armor, a specialist in high-end safety footwear in the Benelux region, 'continuing its strategy of geographic consolidation and strengthening its position in high value-added markets'.


The acquisition of Armor enables the personal protective equipment (PPE) supplier to consolidate its presence in the Benelux region, a high-potential area in Europe, and to occupy a leading position in the premium foot protection segment.

With around 20 employees and a warehouse in Groningen (Netherlands), Armor has achieved sales of 13.2 million euros, with average annual growth of around 15% over the last six years.

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