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New Deal


Announced

Nimbus to acquire Joseph Dresselhaus.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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fabricated metal products

Metal Fabricating

Friendly

Germany

Pending

Majority

Single Bidder

Private

Fabricated Metal & Hardware

Acquisition

Private Equity

Cross Border

Synopsis

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Nimbus, a German-Dutch industrial holding, agreed to acquire Joseph Dresselhaus, which supplies screws and fastenings parts. Financial terms were not disclosed. The acquisition is still subject to approval by the relevant antitrust authorities in Germany and Turkey. Dresselhaus, together with Nimbus, will implement the optimization processes that have already been introduced even more efficiently, make further investments and concentrate on sustainable and profitable growth in Germany and abroad.

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