Munich, 04th April 2023

A multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft advised Nalka on the acquisition of Norres Baggerman Group from Triton. The closing of the transaction is subject to customary merger control proceedings.

The Norres Baggerman Group is one of the European market leaders in the manufacturing and technical installation of industrial hose systems. It serves a variety of industries such as agriculture, food & pharma, plastics, wood processing, robotics and fluid applications, as well as power engineering as core markets. Norres Baggerman Group has around 400 employees and has a global footprint across Europe, the US and Asia, with six manufacturing facilities and 15 sales offices.

Nalka is an investment firm investing in market-leading small and medium-sized businesses based in the Nordic and DACH regions. Nalka has offices in Stockholm and Munich and develops independent, competitive, sustainable and long-term profitable companies, through commitment and cooperation. Since inception, Nalka has owned 28 companies within different industries and the current portfolio consists of 10 portfolio companies with combined sales of more than € 2 bn.

Nalka is part of Interogo Holding, a foundation-owned investment group based in Switzerland. Interogo Holding’s investment strategies include private and long-term equity, real estate, infrastructure, and liquid assets where Nalka is a part of the private equity strategy. Investments in the DACH region are made by Nalka DACH Investments SA SICAF-RAIF, that is managed by Inter Fund Management, and advised by Nalka Advisors Germany.

Triton is an investment firm investing in European headquartered medium-sized businesses in four sectors: Industrial Tech, Services, Consumer and Healthcare. Companies currently in the Triton portfolio have combined sales of around EUR 18 billion and employ over 105,000 employees.

Advisors to Nalka

PwC Legal:

Dr Tobias Koppmann (lead), Moritz Gröning (Deals/M&A), Susanne Zühlke (Antitrust), Joy Otto Neugebauer, Dr Fabian Jenderek, Verena Riemer, Matthias Lillig, Lars Lübbers, Marc Philipp Finkbeiner (all Deals/M&A), Lukas Lundbeck, Melanie Schwaderer, Dinor Kadrijaj (all IP/IT), Dr Frank Degenhardt, Boris Christian, Katja Röhlen, Maik Schwalenberg (all labour law), Dr Philipp Pröbsting, Frohmut Hoffmann (both Real Estate), Sebastian Babbe, Dr Tobias Gans, Dr Matthias v. Kaler, Dr Ilya Levin, Gansu Uludag, Michael Siemer (all public commercial law), Dr Gerung von Hoff, Justus Lucka (all antitrust)

PwC Deutschland:

Daniel Windsheimer, Bernd Niedermayer, Elke Wilcox, Stefan Dellinger (all Deals Tax), Ulrike Sommer, Julia Hübner (both PE Tax), Stefan Graml, Markus Heidelberger, Julius Haedge (Transaction Services)

Strategy&:

Dr. Vladislav Kulikov, Maximilian Ley, Maximilian Werkhausen (all ODD)

About PwC Legal Business Solutions:

In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.

PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.

About PwC Germany:

Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our expert network in 149 countries. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them. 

PwC Germany. More than 15,000 dedicated people at 20 locations. €3.05 billion in turnover. The leading auditing and consulting firm in Germany.

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Lars Lübbers, LL.M. (Birmingham)

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