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Announced

Completed

NORRES Group completed the acquisition of from Triton Partners.

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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Machinery: Specialty

Single Bidder

plastic hoses

Cross Border

Private

Majority

Completed

Private Equity

Netherlands

Acquisition

Friendly

Synopsis

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NORRES Group, a manufacturer of thermoplastic hoses, completed the acquisition of Baggerman Group, a manufacturer of industrial hoses, from Triton Partners, a private equity firm. Financial terms were not disclosed. “We are very much looking forward to the future cooperation with NORRES. The products, the know-how and the many years of experience of both companies are a great combination. We expect the concentration of the joint know-how to improve the solution competence and the service level for our customers as well as a good long-term perspective for the joint group,“ Jan Baggerman, Baggerman Owner.

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