Announced
Financials
Sources
Tags
industrial hoses
Plastics
Germany
Public
Acquisition
Pending
Single Bidder
Private Equity
Synopsis
The Smaller Mid-Cap Fund advised by Triton, private equity firm specializing in middle market buyouts, takes over a majority stake in industrial hoses manufacturer, Norres Group. The terms of the agreement are yet to disclosed. Current owner and CEO, Burkhard Mollen, the current owner and CEO, would continue in his management position and co-invest alongside Triton.
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