Direct Investment

NORD Holding acquires leading trading concern in Switzerland

17.01.2007

NORD Holding Unternehmensbeteiligungsgesellschaft mbH, Hanover has acquired engler + partner ag, domiciled in Brugg, Switzerland. engler + partner is one of the leading providers specialised in the design, supply and logistic processing of table top products (napkins, table cloths, etc.), paper products (gift wrap, greeting cards, etc) and related items such as disposable tableware. The company supplies leading foodstuff retailers in Switrerland. engler + partner possesses market share of just over 50 % of Swiss retail trade for table top products.

The founder and managing director of the company, Manfred Engler, retains roughly 20 % of the company and will remain at the helm.

NORD Holding's acquisition in 2005 of the majority stake in the Paper + Design Group (Wolkenstein), a leading international manufacturer of premium decorative napkins, has enabled it to draw on its market savvy in this sector for the acquisition of engler + partner. "The strategic cooperation of both enterprises will generate added value opportunities. The focus will be on expanding the regional business area and the product range", stated Matthias Kues, Nord Holding's senior management speaker. Last year both enterprises jointly achieved turnover of more than € 70 mil.

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 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.

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.

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Unternehmensbeteiligungsgesellschaft mbH
Christiane Lukas
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