Announced
Completed
Synopsis
NORD Holding, a private equity firm, completed the acquisition of Bock Group, a manufacturer of piston compressors, from GEA Group, a food and beverages company. Financial terms were not disclosed. "We are very pleased that with our investment in the Bock Group we are able to acquire a well-established company that has a strong market position and a reputation as a technology leader in the sector. We at NORD Holding look forward to accompanying Bock on its next phase of growth and actively supporting the management team with a constructive environment for development outside the structures and strategy of the GEA Group. We very much look forward to working with the management team and employees," Ronald Grott, NORD Holdings, Member of the Management Board.
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