Roto Frank Acquires VBH Mexico

Window & Door
June 22, 2018
Companies
 
 Pictured, left to right: Andrzej Wyszogrodzki and Victor Trenev (managing directors of VBH Holding GmbH); Dr. Eckhard Keill (Roto’s CEO) and Michael Stangier (Roto’s CFO) signing the contract.

Roto Frank AG acquired VBH Mexico S.A. de C.V, a window and door hardware systems distributor based in Puebla, Mexico.

According to the company, the acquisition offers the opportunity to utilize a well-established and professional infrastructure to meet the growing demand of the Mexican and Central American markets and create a foundation for future growth in the region.

The purchase includes extensive storage space and the acquisition of the entire VBH Mexico team, which consists of a managing director and the current 14 qualified employees.

"In keeping with its strategic direction, VBH is increasing its concentration on Europe and the CIS countries," says Victor Trenev, managing director of VBH Holding GmbH. "Therefore, this transaction is in the interest of both companies. We are pleased to have found this good, and sustainable, arrangement for our employees in Mexico with our long-standing partner, Roto. With our previous departure from Argentina and now Mexico, we have completed our withdrawal from Latin America and are fully focused on Europe and the CIS region."