BRÈVE

sur DELTA PLUS GROUP (EPA:DLTA)

Delta Plus Group acquires safety footwear specialist Armor

Delta Plus Group, a key player in Personal Protective Equipment (PPE), announces the acquisition of Armor, a company specializing in high-end safety footwear in the Benelux. This acquisition supports Delta Plus' strategy to strengthen its presence in high value-added markets.

Founded in 1999 in Groningen, Armor has established itself as a leading player with a network of more than 500 distributors. In 2023, Armor generated a turnover of 13.2 million euros, and has posted an average annual growth of 15% over the last six years.

The synergy between Armor’s expertise and that of Delta Plus will create a solid platform for the future development of the group in the Benelux. The acquisition is expected to add approximately €5 million to Delta Plus’ turnover with an accretive effect on profitability.

R. E.

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