bm|t beteiligungsmanagement thüringen gmbh announced today that it will sell its shareholding in CDA Datenträger Albrechts GmbH, Suhl through Thüringer Industriebeteiligungs-GmbH & Co. KG (TIB) to NORD Holding Unternehmensbeteiligungsgesellschaft mbH, Hannover. The transaction is subject to antitrust approval. Financial details were not disclosed.
„We are pleased that NORD Holding, an investor with a long-term view on businesses, will continue to develop CDA along the implemented strategic path at its headquarter in Suhl” stated Dr. Guido Bohnenkamp, managing director of bm|t.
CDA Datenträger Albrechts GmbH is one of the largest independent manufacturers of optical storage media in Europe. The product range also includes data duplication on flash-memory products. In addition the company has successfully established its position as a supplier of micro-functional parts. With approx. 190 employees CDA generated sales of €25.6m in 2010.
„Together with CDA’s management team, we aim to strengthen the company’s current product portfolio and leverage its production-know-how by targeting new applications to drive future growth” explained Matthias Kues, CEO of NORD Holding. Kues envisages new applications in areas like life-sciences and micro-mechanics.
With more than 40 years’ of experience NORD Holding is one of the leading private equity companies serving the medium-sized sector. Its activities focus on the structure and funding of succession issues for middle market companies, spin-offs and expansion stage funding for medium-sized companies. Besides NORD/LB and the Bremer Landesbank shareholders in NORD Holding include a number of savings banks and public insurance companies. In contrast to the majority of other financial investors who manage only temporary funds, NORD Holding operates as a so-called “evergreen” without any time limitation. This gives the holding company the opportunity to develop without any external pressure and to tap its growth potential.
bm|t beteiligungsmanagement thüringen gmbh, Erfurt, is a subsidiary of Thüringer Aufbaubank. bm|t serves as a management company for five investment funds with a total capital of approx. €190m. At present bm|t’s portfolio consists of approx. 40 companies based in Thuringa.
bm|t beteiligungsmanagement thüringen gmbh
Dr. Guido Bohnenkamp
+49 (0) 361 7447 601
+49 (0) 361 7447 635
NORD Holding Unternehmensbeteiligungsgesellschaft mbH
+49 (0) 511 270 415 14
+49 (0) 511 270 415 5