Direct Investment

NORD Holding acquires the Rademacher Group

05.02.2007

NORD Holding Unternehmensbeteiligungsgesellschaft, Hanover, together with the Group's management has acquired all the shares of the Rademacher Group as part of a secondary buy-out from the financial investor ARCADIA, Hamburg.

The company, founded in 1967 by Wilhelm Rademacher, specialises in the production of innovative roller shutter and awning motor drives and garage door openers. In addition to a range of motor drive products the company also provides house automationsystems and central circuits for living areas. A variety of innovative products over the past decades has positioned the company as the industry's acknowledged technology and market leader.

With the acquisition of the Rademacher Group NORD Holding together with the Group's management team is pursuing an expansion strategy. In addition to tapping into further markets in those regions already served by the Group particular emphasis will be placed on penetrating the overseas European market. The future long term existence of the company's head office at its main facility in Rhede (North Rhine-Westphalia) and its production facility in Dresden with a headcount of 160 will also be secured.

With almost 40 year's experience in the private equity market NORD Holding specialises in providing succession issue funding and expansion stage financing for middle market companies. Over the past few years spin-offs of medium sized business units from large corporations have gained in importance and have become one of NORD Holding's focal activities. At present the company has holdings in roughly 50 companies in Germany, Austria and Switzerland. The holdings generate annual turnover of between € 25 mil. and € 500 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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NORD Holding
Unternehmensbeteiligungsgesellschaft mbH
Christiane Lukas
Walderseestraße 23
30177 Hannover

Email

lukas@nordholding.de