PE-firm NORD Holding acquires compressor manufacturer Bock
September 23, 2020
NORD Holding is acquiring all shares in the Bock Group, a manufacturer of compressors for stationary and mobile refrigeration and air-conditioning, as part of a carve-out from GEA Group Aktiengesellschaft, a MDAX-listed industrial group based in Düsseldorf. The transaction includes Bock GmbH (Germany) and its subsidiaries in the Czech Republic and its sites in China, India and Australia. Bock has around 340 FTEs worldwide, who generate sales of around EUR 90m. NORD Holding was represented by Ronald Grott, Markus Lipp, Maximilian Frey and Alexander Wambach.
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