M&A Deal Summary

Norres Acquires Baggerman

On July 26, 2021, Norres acquired manufacturer Baggerman

Acquisition Highlights
  • This is Norres’ 1st transaction in the Manufacturing sector.
  • This is Norres’ 1st transaction in the Netherlands.

M&A Deal Summary

Date 2021-07-26
Target Baggerman
Sector Manufacturing
Buyer(s) Norres
Deal Type Add-on Acquisition

Target

Baggerman

Roermond, Netherlands
Baggerman is a manufacturer and distributor of industrial hoses, couplings, and accessories. Baggerman's product range spans from rubber and thermoplastic hoses for various, also specialized, applications to couplings and other accessories. Baggerman is based in Roermond, Netherlands.

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Buyer(S) 1

Buyer

Norres

Gelsenkirchen, Germany

Category Company
Founded 1889
Sector Plastics
Revenue 101M EUR (2023)
DESCRIPTION

Norres is a manufacturer of plastic industrial hoses with production sites in China and the U.S. Norres offers an extensive range of standard and made-to-measure branded industrial hoses which are used for pneumatic conveying of different media types (i.e. solids, gases or liquids) across various industries. Norres was founded in 1889 and is based in Gelsenkirchen, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Netherlands M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 De Bernardi s.r.l

Cusago, Italy

De Bernardi s.r.l is an Italian hose manufacturer and distributor which is established in the market since 1970. De Bernardi s.r.l is well-known for its competence and technology in flexible hoses, ventilation ducts, fabric ducts as well as flexible connectors.

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