Direct Investments

NORD Holding acquires WEMAS Absperrtechnik GmbH

02.09.2011

As part of his succession planning, the businessman Siegfried Kwasnyis selling 100% of the shares in WEMAS Absperrtechnik GmbH, Gütersloh, to NORD Holding Unternehmensbeteiligungsgesellschaft mbH, Hanover. The parties have agreed not to disclose financial details. The current management has also received shares in the company as part of the transaction.

WEMAS Absperrtechnik GmbH was founded by Mr. Kwasny in 1971 and has since evolved to become the market leader in Germany forintegrated and certified solutions in highway barrier engineering. The product range mainly comprises beacons, guardrails, lighting, foot plates and traffic cones as well as other products. With approximately100 employees at its headquarters in Gütersloh, WEMAS achieves aturnover of approximately €30 million. NORD Holding is pursuing a growth strategy with WEMAS in Germany as well as in neighbouring European markets.

"WEMAS has undergone an impressive corporate development in recent years. As the market leader in Germany and provider of high-quality highway barrier products, the company offers an excellent platform for company growth to continue. A future priority is the mobilization of foreign markets for traffic safety products," saidMatthias Kues, CEO and spokesperson at NORD Holding, in Hanover today.

Unlike most other financial investors, who manage funds only temporarily, NORD Holding acts as an "evergreen" without any time restrictions. This gives the associate companies the opportunity to develop without outside time pressure and to achieve their growth potential.

I have been in close contact with NORD Holding for over four years. For me and for my plans in life, now is the right time to sell the company. Beside the purchase price, it was of course crucial for me to pass the company into the "right hands". Together with the management, I am convinced that we have found in NORD Holding an expert investor for the company's next phase of growth.

Siegfried Kwasny
About the motives for the sale.

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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NORD Holding
Unternehmensbeteiligungsgesellschaft mbH
Christiane Lukas
Walderseestraße 23
30177 Hannover

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lukas@nordholding.de