Flexiteek International acquires superyacht business
High-performance synthetic decking manufacturer Flexiteek International has acquired F3 Flexiteek Friesland B.V based in the Netherlands.
The agreement was signed on 14 January 2022, and the newly acquired company will be known as Flexiteek Superyacht.
Flexiteek Superyacht adds an established fabrication centre using the latest CNC technology to supply the superyacht industry. The business has been fabricating decks for new and refit projects since 2014 and delivers dozens of decks a year.
In March 2022, work starts on a new 4,500sqm factory in the city of Sneek, the Netherlands, enabling Flexiteek to dramatically increase capacity and offer extensive training facilities.
The acquisition follows on from the establishment of a new manufacturing operation, Flexiteek Marine Products, in Ostroda, Poland, in early 2021. The operation manufactures and supplies panels for the growing OEM market.
Tomas Gustafsson, Flexiteek’s president and CEO says: “This is an exciting year for Flexiteek. We’ve been delivering decks for over 22 years and partnering with an established business in the superyacht sector, this enables us to focus on customers with every boat type from tenders to superyachts.”
Flexiteek was founded in 2000 and extrudes ‘planks’ out of PVC, producing synthetic teak decking to rival traditional teak.