Clearwater International acted as sole financial adviser to NORD Holding Unternehmensbeteiligungsgesellschaft mbH and Management on the sale of GOEBEL Schneid- und Wickelsysteme GmbH to IMS Deltamatic S.p.A. (Italy).
Based in Darmstadt, GOEBEL is a leading manufacturer of slitter rewinders. The company’s production program includes rewinders for converting paper, plastic film and metal foil, and also re-reeling machines for the paper producing industry. GOEBEL is the technology leader and has sold more than 9.000 slitter rewinders worldwide. With sales of approximately €25m and an export rate above 90%, GOEBEL supplies the entire global market, China in particular.
With its over 40-year history, NORD Holding is among the leading private equity investors for upper mid-sized companies. Their main focus is the structuring and financing of corporate succession models, the acquisition of parts of groups and subsidiaries, and the expansion and financing of SMEs. NORD Holding operates as a so called “Evergreen Fund”.
Based in Calcinate / Bergamo (Italy), IMS Deltamatic Group is a diversified company, specialising in the engineering and production of machines for converting packaging, automotive, plastic injection and tooling machinery, with sales of approximately €50m. With the acquisition of GOEBEL, IMS Deltamatic Group expands its product portfolio within the slitter rewinders business and becomes the second biggest player in this segment.
Clearwater International, led by partner Axel Oltmann, advised NORD Holding and the management of GOEBEL