October 18, 2018
Munich, October 18, 2018 – Quarton has exclusively advised Grünwald Equity Group and the management of the Swiss Luwa Group (“Luwa”) on the sale to the listed Swedish Nederman Holding AB (“Nederman”).
Luwa manufactures complete air handling systems for the global process industry and is considered the global market leader for applications in the textile industry. Nederman sees itself as a market-leading environmental technology company that manufactures complete air filtration systems for the global industry. With the acquisition of Luwa, Nederman will strategically expand its market position.
Quarton International successfully structured and supported this complex transaction, which involved sites in Switzerland, India, China and the USA. Quarton International’s experience in international plant engineering and in cross-border transactions was a key component for the successful completion of the transaction.
Dr. Raimund König, managing partner of Grünwald Equity:
“Quarton’s team has provided us with outstanding support throughout this challenging sales process and has provided us with excellent advice on key issues.” The completion of the transaction, 11 years after the investment, once again shows the success of the pragmatic operational and strategic approach that Grünwald Equity pursues in its investments.
Luwa is the world market leader in air engineering technology for demanding process industries. With Swiss engineering and production facilities in China and India, the company enjoys an outstanding worldwide reputation for reliable and innovative air handling systems, particularly in the textile industry. Luwa systems guarantee the air temperature, humidity and purity in production halls within extremely narrow tolerances and thus enable the efficient operation of demanding processes worldwide, regardless of the local climate. With sites in China, India, Singapore, the USA and Turkey as well as HQ and Engineering in Switzerland, Luwa is the only global supplier in its segment.
Grünwald Equity invests in leading medium-sized companies in German-speaking countries in the areas of production, trade and services. Grünwald Equity focuses on the long-term success of the company. The team has many years of extraordinary experience and a track record in the acquisition, operational support and management of medium-sized companies.
The Nederman Group is a leading global supplier and developer of products and solutions in the field of environmental technology. It is listed on Nasdaq Stockholm and employs 1,800 people in more than 50 countries.
January 30, 2019
Finance Monthly Deal Maker Award for Quarton, a Cowen Company
To subscribe to our Newsletter, please use the following link.