Announced

Completed

Nalka completed the acquisition of Norres Baggerman Group from Triton Partners.

Synopsis

Nalka, an investment firm, completed the acquisition of Norres Baggerman Group, a manufacturer of industrial hoses, from Triton Partners, a private equity company. Financial terms were not disclosed. “Triton has played a substantial role in the development of our company and has contributed the necessary support to successfully execute our expansion goals. We want to thank Triton for the loyal and trustful companionship during the last years. Nalka and Norres Baggerman share common goals and we are happy to become part of the Nalka family. We believe that the new co-operation will have enormous and long-term growth potential to the benefit of our clients and employees,” Ralf Dahmer, Norres Baggerman CEO.

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