CFI advised Battenfeld-Cincinnati on its sale to Nimbus
Düsseldorf – CFI is pleased to announce that it acted as the sell side advisor to Battenfeld-Cincinnati on its sale to Industrial Holding Nimbus, a European hands-on investment firm.
Based in Bad Oeynhausen, the Battenfeld-Cincinnati group is a leading producer of energy-efficient, high-performance extruders and complete extrusion lines according to customer-specific requirements. Customers are supported by production facilities in Germany, Austria, China and the USA, as well as an extensive worldwide sales and service network.
Nimbus is a hands-on investor where financial backup, relevant expertise and management support come together. Nimbus invests in European-based industrial companies. Nimbus has offices in Zeist (the Netherlands) and Munich (Germany). Nimbus has only one objective: create sustainable, strong European industry leaders that can hold their ground in the global market place.
With this acquisition, the Battenfeld-Cincinnati group will receive new financial resources and equity capital will be strengthened in a sustainable manner which means that solid investments in growth and innovation have been secured. „After our successful organizational restructuring in the middle of last year, we can now focus on further product developments and investments that will strengthen and expand our market leadership with Nimbus’ support,“ says Gerold Schley, CEO of the battenfeld-cincinnati group. “We are delighted to have a new investor in Nimbus that will actively support and advance the new developments and growth plans of our group.“
In late 2015, Battenfeld-Cincinnati’s then owner, German investment group Triton, sold its holdings to Zweite VR Trust Beteiligungs UG, an interim step to prepare the company for sale.
The transaction was closed on 22 June 2016.
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This transaction was advised by:
Stefan Huber
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