Holland’s Van Leeuwen Pipe and Tube is continuing to invest to expand its presence in the international market after having posted strong 2018 results, Kallanish learns from the company. Van Leeuwen is an international trading company specialising in steel pipes and applications
Last year the group saw its turnover grow to €630 million ($708m), up by 3% y-o-y. Net profit was €9.7m, also up from €6.3m in 2017.
“In 2018, demand in both the European industry market and the worldwide energy market developed favourably. Van Leeuwen achieved better results in all industry market segments than in 2017. Developments in the energy market were also positive. There was significant recovery in key markets, such as Asia and North America, where Van Leeuwen achieved good results,” the company says.
Currently the group is investing to build a new 2000-square-metre warehouse in Sydney, Australia, and 4000m³ of additional space in Vyškov, Czech Republic. These new investments are part of the ongoing internationalisation of the company, it confirms.
In May last year Van Leeuwen acquired the operations of Ferrostaal Piping Supply, a German-Dutch pipe and tube trading company, to expand its reach in the German and Central-European markets.