M&A Deal Summary

Novia Group Acquires Global Sourcing Services

On August 1, 2023, Novia Group acquired manufacturer Global Sourcing Services from Family Trust Investor FTI

Acquisition Highlights
  • This is Novia Group’s 1st transaction in the Manufacturing sector.
  • This is Novia Group’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2023-08-01
Target Global Sourcing Services
Sector Manufacturing
Buyer(s) Novia Group
Sellers(s) Family Trust Investor FTI
Deal Type Merger

Target

Global Sourcing Services

Sirnach, Switzerland
Global Sourcing Services is a vertically integrated full-service engineering and manufacturing service provider as well as a global sourcing expert for mechatronic assemblies. Global Sourcing Services is based in Sirnach, Switzerland.

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Buyer(S) 1

Buyer

Novia Group

Iserlohn, Germany

Category Company
Founded 2009
Sector Manufacturing
Employees150
DESCRIPTION

Novia Group is a full-service manufacturing service provider and global sourcing expert with a focus on zinc and aluminum die casting, which supplies leading German OEMs with high-quality individual parts and assemblies. Novia Group was founded in 2009 and is based in Iserlohn, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Family Trust Investor FTI is a private equity firm focused on acquiring and investing in medium-sized businesses throughout the DACH region of Europe. The Firm has a special interest in family succession situations as well as buy-and-build consolidation opportunities. The Firm seeks profitable businesses with €2 to €10 million of EBITDA. Family Trust Investor FTI is based in Munich, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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Altdorf, Germany

Hyla Germany is a distribution and direct sales company for household appliances. The company holds sales exclusivity for room and air purification devices from the manufacturer Hyla DOO (“Hyla SLO”) for Germany and Austria, as well as the option for further exclusivity in Switzerland. Hyla Germany was founded in 2009 and is based in Altdorf, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-01 Fenergetis

Munich, Germany

Fenergetis is a German holding company specializing in energy-efficient renovations of building components such as windows, front doors, sun shading systems, and terrace roofs. Fenergetis is based in Munich, Germany.

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