Waterland Private Equity to acquire RUF Group from NORD Holding.

Waterland Private Equity, a private equity firm, agreed to acquire RUF Group, a manufacturer of furniture products, from NORD Holding, a European private equity asset manager. Financial terms were not disclosed. “We believe that this new partnership opens up further value creation opportunities, particularly in the D2C area. We are looking forward to working with Waterland to strengthen the BRUNO and RUF brands even further in the years ahead," Felix Baer, BRUNO Managing Director.