Direct Investments

NORD Holding acquires CDA Datenträger Albrechts GmbH

01.06.2011

NORD Holding Unternehmensbeteiligungsgesellschaft mbH, Hanover, has acquired CDA Datenträger Albrechts GmbH, Suhl from bm-t beteiligungsmanagement thüringen gmbh, which held a 100% stake in the company via its Thüringer Industriebeteiligungs-GmbH & Co.KG (TIB) fund. The transaction is subject to the approval of the anti-trust authorities. The parties agreed not to disclose the financial details.

CDA Datenträger Albrechts GmbH is one of the largest independent manufacturers of optical storage media in Europe. The product range also includes duplicating data on memory cards and USB sticks. The company has also successfully established itself in the market as a manufacturer of components with microstructures. With a workforce of 190 employees CDA achieved turnover of € 25.6 mil. in reporting year 2010.

"Together with the CDA management we wish to consolidate existing products and to tap into existing production know-how for additional application areas in order to fuel business growth", stated Matthias Kues, NORD Holding CEO, today in Hanover. Kues envisions new application areas amongst others in medical products and micromechanics.

In contrast to the majority of other financial investors who manage only temporary funds, NORD Holding operates as a so-called"evergreen" without any time limitation. This gives the holding company the opportunity to develop without any external pressureand to tap its growth potential.

With almost 40 years' experience NORD Holding is one of the leading private equity companies serving the medium-sized sector. Its activities focus on the structure and funding of succession issues for middle market companies, spin-offs and expansion stage funding for medium-sized companies. Besides NORD/LB and the Bremer Landesbank shareholders in NORD Holding include a number of savings banks and public insurance companies.

The Erfurt-based bm|t beteiligungsmanagement thüringen gmbh is a subsidiary of the Thüringer Aufbaubank and is the management company for five investment funds totaling € 190 million.

Currently bm-t manages approx. 40 holdings in companies in Thuringia.

We are very pleased that with NORD Holding we have found a long-term investor who will continue to pursue CDA's strategic path at Suhl.

Dr. Guido Bohnenkamp
Managing Director, bm-t

About NORD Holding

With its 50-year history and over € 2.0 billion assets under management, NORD Holding is one of the leading private equity asset managers in Germany with a focus on direct and fund investments.

The fund investments division targets the small- and mid-cap segment of the European private equity market through primaries, secondaries and co-investments.

NORD Holding has a strong focus on emerging buyout managers, hands-on investment strategies and regularly acts as an anchor investor. The division manages € 1.3 billion and ranks among the top decile fund investment groups in Europe.

The direct investments division of NORD Holding focuses on structuring and financing company succession models, acquiring parts of larger groups/subsidiaries as well as on expansion financing of medium-sized companies. In contrast to most other financial investors, who only manage closed-end funds, NORD Holding acts as a so-called "evergreen fund", thereby investing from its own balance sheet with no maturity restrictions. Currently, the fund has interests in more than 15 companies in the DACH region.

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Christiane Lukas
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