M&A Deal Summary

Nimbus Acquires Element System

On March 1, 2011, private equity firm Nimbus acquired furniture company Element System

Acquisition Highlights
  • This is Nimbus’ 1st transaction in the Furniture sector.
  • This is Nimbus’ 1st transaction in Germany.
Investment Fate
  • Element System was sold to a strategic buyer in 2024.

M&A Deal Summary

Date 2011-03-01
Target Element System
Sector Furniture
Buyer(s) Nimbus
Deal Type Buyout (LBO, MBO, MBI)

Target

Element System

Rottenacker, Germany
Element System is a provider of wall shelves, clips, cantilevers, furniture legs and tool storage solutions, all for household applications. Element System was founded in 1954 and is based in Rottenacker, Germany.

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Buyer(S) 1

DESCRIPTION

Nimbus is a private equity firm focused on investing in medium-sized European businesses with strong market positions. The Firm seeks companies with annual turnover between €20 and €500 million in the industrial, manufacturing, business services, and technical trade sectors. Nimbus was established in 1999 and is based in Zeist, the Netherlands.


DEAL STATS #
Overall 4 of 38
Sector: Furniture M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 4 of 27
Country: Germany M&A 1 of 14
Year: 2011 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 Sencio

Nijmegen, Netherlands

Sencio is a provider of designs and assembles packaging solutions for micro-electrical-mechanical systems and integrated sensor systems. The final product is usually destined for a long life of trouble-free service in the engine compartment of cars. Sencio was founded in 1984 and is based in Nijmegen, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 VE Group

Rotterdam, Netherlands

VE Group is a provider of design, production and installation of heat exchangers, Vessels, piping projects, process filtration and machines for development of nucliar devices. VE Group was founded in 1955 and is based in Rotterdam, Netherlands.

Buy -