Norres Baggerman Group
Current
Norres Baggerman Group is a leading German developer, manufacturer and distributor of engineered industrial hoses with a global footprint, serving demanding customers across multiple end-markets.
Investment year: 2023
Turnover 2024: EUR 100m
- 15
sales and warehousing sites in 14 markets
- 6
production sites in five countries and three continents
- 1889
when the Norres Baggerman group story started
Norres Baggerman Group have roots from 1889 and is today focused on the development, production and sales of industrial hoses produced in PU, PVC and rubber for a wide variety of end-markets (e.g. industrial automation, agriculture, food & pharma and renewable energies) with market-leading quality and product availability. In addition, the company also offers the corresponding connecting parts (e.g. couplings).
The company is headquartered in Gelsenkirchen (Germany) and employs approx. 400 people across six production facilities in five countries (DE, CN, US, IT, CH) which is complemented by 15 sales and warehousing sites in 14 separate markets.
The investment in Norres was advised by the Nalka DACH team (Nalka Advisors Germany) and made by the Luxembourg investment fund Nalka DACH Investments SA SICAF-RAIF. The investment is managed by Inter Fund Management (Luxembourg).
Investment year:2023
Turnover 2024:EUR 100m
Industry:Industrial
Nalkas ownership:Majority
HQ:Gelsenkirchen (Germany)
Employees:366
Website:https://norres-baggerman.com/
CEO:Thomas Gela
Investment background
The Norres Baggerman Group has a long and consistent history of organic growth, providing demanding customers with innovative and high-quality industrial hoses with a high share of replacement sales. The company has successfully complemented its strong organic journey with strategic acquisitions.
Norres Baggerman Group is well positioned to continue building on its leading market position organically, via M&A and further international expansion. The company is also well positioned to continue to drive efficiency through its production and logistics footprint with continued focus on best-in-class customer service.