Clearwater International acted as sole financial adviser to JH Automotive Holding GmbH, a subsidiary of NORD Holding, on the sale of 100% of the share capital of Heyform Bramsche GmbH and JH Automotive CZ s.r.o. to DUBAG – Deutsche Unternehmensbeteiligungen AG.
Heyform Bramsche GmbH and JH Automotive CZ s.r.o. are full service suppliers of premium interior products to the automotive industry with an extensive product engineering & production technology expertise. The companies show unique know-how in lightweight solutions, especially trunk components. With a high degree of vertical integration along the value chain, incl. R&D, design, prototyping and series production, the companies generated sales of approximately €48m in 2014.
With its over 40-year history, NORD Holding is among the leading private equity investors for upper midsized companies. Their main activity 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”.
Deutsche Unternehmensbeteiligungen AG is a Munich based independent private equity investor, specialised on acquiring majority stakes of private, medium-sized European companies in special situations. The fund actively optimises internal processes & operations and supports in strategic realignments.
Clearwater International, led by partner Axel Oltmann, advised JH Automotive (NORD Holding)