Flexiteek International Confirms the Acquisition of Wilks
Flexiteek International, the global leader in synthetic teak decking and 2G technology, has announced its successful acquisition of Wilks. Wilks manufacture high-quality synthetic teak decking, and marine fendering.
To mark the occasion, 30 of the company’s international distributors, spanning 12 countries, attended Flexiteek’s global dealer meeting. Which was at the Southampton International Boat Show, including the company’s largest merchant from the United States.
The successful consolidation of the Essex-based company reinforces Flexiteek’s offerings to a broader network. This results in the growth of the company’s international footprint and also reaffirming its position in the marine industry.
Chris Berry, Joint Managing Director of Wilks, commented on the merge: “We’re delighted to see Wilks join Flexiteek International. We are confident that by joining forces, the international marine market will receive the highest quality offerings. Especially due to through our wide network of global distributors.”
With the integration of the company’s workforce across its two UK manufacturing premises, Flexiteek will now offer a wider range of products to its clients. This then allows a focus on developing the company’s existing services. These include the innovative 2G technology. Which has been fundamental in the design of the Flexiteek 2G synthetic decking, the in-house development of its extruding facility and its marine fendering ranges. The company is also taking strides towards a more sustainable approach to business. This includes its recycled PVC extrusion.
As part of these development plans, Flexiteek will utilise the latest technology for deck design, offering its customers greater flexibility in deck layout, plank width and the customisation and integration of graphics and logos within its products.
Additionally, Tomas Gustafsson, CEO of Flexiteek International AB, commented on the acquisition: “With next year being the company’s 20th anniversary of being the world’s first and largest market leader in synthetic teak decking. This result is part of the company’s wider strategy to increase our global services and reach new markets. With this merge, Flexiteek will continue to provide a high-quality manufacturing base for research and development facilities. Ensuring the company continues to innovate and further evolve its first-class synthetic decking systems for the future.”