Direct Investments

NORD Holding invests in Lenzing Plastics in Austria


Lenzing Plastics ( is an internationally leading manufacturer of products made from thermoplastic materials and fluoropolymers. The company has a broad technology platform for applications in various customer industries, ranging from classical extrusion lines and calendering machines for the production of high-strength stretched films, filaments and yarns to technical fabrics and laminates with different substrates. The company also offers a number of assembly options including the printing of the products. In 2014 Lenzing Plastics generated sales totalling 110 million euros, of which 95 percent were exports. The company currently employs 328 staff.

In 2013 Lenzing Plastics left Lenzing AG as part of a spin-off and was acquired by an Austrian investor consortium consisting of INVEST AG, Oberösterreichische Beteiligungsgesellschaft and Tyrol Equity with the participation of the management. NORD Holding took over the 30 % stake of Tyrol Equity following the latter's planned exit in summer 2015. The parties have agreed not to disclose financial details of the transaction, which was supported by NORD Holding's partner INVEST EQUITY, Vienna. Closing is subject to antitrust approval.

Lenzing Plastics continues to grow. Last autumn the technology and product portfolio was expanded with the introduction of a new hot melt line. Moreover, the company has recently established a new company (TEPSO GmbH) that is offering medical special wear for patients suffering from psoriasis. The blended fabrics are produced by Lenzing Plastics.

"Lenzing Plastics has grown continuously since 1988. The combination of high process and production expertise and modern technology forms the basis for further growth in the various customer industries," explained Thomas Bagusch, managing director of NORD Holding. "We became firstly interested in Lenzing Plastics in 2013 and are glad that it has finally resulted in a partnership."

NORD Holding is one of the leading and oldest investment companies in Germany with extensive industry experience and an impressive and diverse portfolio. Based on this experience, NORD Holding can support and accompany us on our long-term growth path.

Johann Huber
Lenzing Plastics, Managing 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 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