Direct Investment

NORD Holding and Nordwest Industrie Holding sell GreenField business to the Atlas Copco Group

16.02.2007

NORD Holding and Nordwest Industrie Holding sell the GreenField (a CNG compressor manufacturer) business to the Atlas Copco Group.

Today, the two majority shareholders, NORD Holding Unternehmensbeteiligungsgesellschaft mbH, Hanover, and Nordwest Industrie Holding GmbH, Hoya, signed agreements to sell the business of the GreenField group to Atlas Copco. The GreenField group is engaged in high pressure gas applications, mainly CNG / NGV (Compressed Natural Gas for Natural Gas Vehicles). The aggregate turnover for GreenField compressors and related sales business is approx. € 30 mio. and the GreenField group has approx. 200 employees.

The GreenField group designs, manufactures and markets a range of CNG compressors aimed for the market of Natural Gas Vehicles (NGV). The group has a long history in high pressure compression systems and has a solid application knowledge and strong brand reputation.

The GreenField group's headquarter is located in Pratteln near Basel, Switzerland. The sale includes the businesses of all the affiliates in the U.S.A., Germany, Argentina, Brazil, Colombia, Venezuela, Canada and Australia. The sale of the GreenField business is subject to clearance from the respective antitrust authorities.

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

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lukas@nordholding.de