INDUS subsidiary BETOMAX acquires TRIGOSYS

INDUS subsidiary BETOMAX acquires TRIGOSYS

• Products for shuttering structural joints in reinforced concrete construction
• Complementary product portfolio and joint marketing to result in synergy effects

Bergisch Gladbach, 9 July 2025 – The INDUS Group is continuing to expand its Infrastructure segment. The INDUS subsidiary BETOMAX systems GmbH & Co. KG has signed a purchase agreement for 100% of the shares in TRIGOSYS GmbH. Under the brand name TRIGOFORM, the company offers products for shuttering structural joints in reinforced concrete construction that complement the product portfolio of BETOMAX.

“We anticipate a significant increase in demand for specific construction components due to the necessary and planned infrastructure investments,” says Dr. Jörn Großmann, COO of INDUS’ Infrastructure segment. “With the strategic acquisition of TRIGOSYS, we are positioning ourselves to meet this trend by expanding our Civil Engineering & Concrete technology field.”

TRIGOSYS specializes in the meticulous planning and production of custom formwork solutions for the civil engineering sector, including tunnel as well as trough structures for tunnel or underpass entrances. The medium-sized company also has extensive expertise in “lost formwork” – permanent shuttering systems that remain in the building structure and significantly speed up the construction process. TRIGOSYS employs 26 people and generates annual sales of around EUR 4.5 million. The company is based in Föritztal, Thuringia.

Expansion of engineering competence

Jörn Großmann states: ”When we consider an acquisition, our primary focus is on the company’s engineering capabilities. TRIGOSYS impressed us by its high technical expertise across the entire planning and production process. The team offers guidance from the initial planning of formwork and reinforcement, swiftly producing the required shuttering solutions with high dimensional accuracy and in compliance with standards.”

BETOMAX, part of the INDUS Group since 1991, offers reinforcement, anchor, shuttering and sealing solutions. INDUS recently strengthened the supplier of construction products with the acquisition of QUICK Bauprodukte, a specialist for standard and special structural components for bridge construction, at the beginning of 2023.

“We have known the high-quality TRIGOSYS products for years thanks to our joint marketing efforts,” says Gregor Püttmann, Managing Director of BETOMAX. “We complement each other well: BETOMAX focuses on lost formwork up to a height of 2.4 m, such as for floor slabs, while TRIGOSYS produces technically challenging formwork solutions up to 6 m high for large engineering structures.”

“Becoming part of BETOMAX Group opens up new development opportunities for TRIGOSYS,” says Rita Fischer, founder and Managing Director of TRIGOSYS. “BETOMAX has, for example, a strong direct sales strategy, which is ideal for our products. We anticipate cross-selling potential for both brands.” Gregor Püttmann adds: ”BETOMAX has built a reputation for delivering custom products to construction sites within days. The same applies to TRIGOSYS, which is why we can effectively market our products together.”

Third acquisition for the Infrastructure segment in 2025

By acquiring TRIGOSYS, INDUS has strengthened the Infrastructure segment for the third time in the current financial year. At the beginning of the year, INDUS acquired KETTLER, a specialist for spindle extensions for pipe systems, to strengthen its HAUFF-TECHNIK portfolio company. In February 2025, the portfolio company further expanded its international presence by acquiring ELECTRO TRADING, a Swedish importer and distributor of products for the power grid and distribution, renewable energy, construction and infrastructure sectors, as a complementary addition. INDUS plans to invest EUR 500 million in acquisitions by 2030.

About INDUS

At INDUS, we have been generating sustained growth from a diversified portfolio of Mittelstand companies since 1989. We focus on acquiring family-owned businesses with special engineering capabilities and grow them internationally. To expand their business, we ensure that our managers act like true entrepreneurs. They can count on our reliable perspective as a long-term investor. Rooted in the German-speaking Mittelstand, INDUS today fully owns and successfully leads more than 40 companies with activities around the world. Listed on the Frankfurt Stock Exchange (SDAX) since 1995, we have established a unique bridge between the SME sector and the capital market. For more information, visit www.indus.eu.

Note:

This press release contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of INDUS Holding AG and comprise known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. INDUS Holding AG assumes no obligation to update forward-looking statements.

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