NORD Holding sells UHLIG Wel-Cor to RKM – Arens Anlagenbau GmbH
NORD Holding has sold its shares in UHLIG Wel-Cor GmbH, a highly specialized quality manufacturer of weld clad components and complex systems for the environmental and energy technology sectors. The buyer is RKM - Arens Anlagenbau GmbH.
Uhlig Wel-Cor GmbH produces and sells core components for the construction of large boilers for end customers in the field of environmental and energy technology (especially waste incineration plants) and sees itself as an innovation and quality leader in its direct competitive environment. Uhlig works together with internationally networked distributors, EPCs and service companies and maintains long-term business relationships with its cooperation partners. The end customers include large energy groups and service providers as well as plant manufacturers. At last count, UHLIG Wel-Cor GmbH employed around 110 people.
The parties have agreed not to disclose details of the transaction.
About RKM - Arens Anlagenbau GmbH
RKM-Arens Anlagenbau GmbH, headquartered in Twist, is a medium-sized industrial plant engineering company. It was formed in 2018 from a merger of two companies. With around 200 employees spread over four locations, activities are carried out in the fields of plant and pipeline construction, high-pressure pipeline construction, boiler assembly, tank and apparatus construction, plant maintenance and assembly service.
For further information please visit: www.arens-anlagenbau.com
About NORD Holding
With over 50 years of history and assets under management of € 2.5 billion, NORD Holding is one of the leading private equity asset management companies in Germany. The focus is on the business areas of direct investments and fund of funds investments.
The focus of the direct business is on the structuring and financing of corporate succession models, the acquisition of group divisions/subsidiaries and the expansion financing of medium-sized companies. In contrast to most other financial investors, which only manage funds with a limited term, NORD Holding acts as a so-called "evergreen fund" with no term restrictions and invests from its own balance sheet. The company is currently involved in more than 15 companies in Germany and other German-speaking countries.
The Fund Investments division targets the small-cap segment of the European private equity market and focuses on primary, secondary and co-investments. NORD Holding concentrates strongly on buyout managers newly established on the market, operational investment strategies and also regularly acts as an anchor investor.