Announced
Financials
Tags
fabricated metal products
Metal Fabricating
Friendly
Germany
Pending
Majority
Single Bidder
Private
Fabricated Metal & Hardware
Acquisition
Private Equity
Cross Border
Synopsis
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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