Direct Investment

NORD Holding acquires RUF-Bett International GmbH & Co. KG

01.10.2016

The NORD Holding Unternehmensbeteiligungsgesellschaft mbH has acquired all the shares in RUF-Bett International GmbH & Co. KG, which is based in the town of Rastatt in Baden-Württemberg. It was sold by the Rolf Benz AG & Co. KG, which is a subsidiary company of the Hüls group in Westphalian Stadtlohn.

RUF Betten was founded in 1926 and was integrated into the Hüls business group in 1998. For the past 90 years, the company, based in Rastatt, Baden Württemberg, has been a successful manufacturer of high quality upholstered and box spring beds, mattresses and spring wood frames. With a workforce of approx. 200 employees, 30,000 beds are produced every year at this location. With 11 product lines of box spring beds and 33 lines of upholstered beds, RUF Betten is a leader in its market sector and represents international design, product originality and highest level of comfort for both traders and customers. The best in quality - "Made in Baden-Württemberg" - comes naturally to those in the business.

"RUF Betten has undergone impressive developments as a renowned brand manufacturer. Its position as a market leader of the highest quality in the high-valued bed sector places it in good stead for further growth. We are very pleased to have begun this partnership!" states Matthias Kues, spokesperson for the executive board at NORD Holding.

With NORD Holding, RUF Betten has gained a new associate which perfectly matches our business character, both structurally and in terms of its philosophy. We welcome the positive collaborative development of our brand and look forward to continued value-driven growth. NORD Holding is characterised by mid-market thinking, combined with a strategic and pragmatic approach to our industry. This expertise can only serve to positively influence RUF Betten.

Heiner Goossens
RUF Betten, Executive Director.

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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Christiane Lukas
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