Announced
Completed
Financials
Tags
Machinery: Specialty
Single Bidder
plastic hoses
Cross Border
Private
Majority
Completed
Private Equity
Netherlands
Acquisition
Friendly
Synopsis
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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