sur AEQUITA SE & Co. KGaA
AEQUITA to Acquire Nifco Germany in Strategic Expansion Move
On March 18, 2024, AEQUITA SE & Co. KGaA, based in Munich, Germany, announced a definitive agreement to acquire Nifco Germany GmbH from the Japanese Nifco Group. Nifco Germany specializes in the development and production of injection-molded plastic components for the automotive industry. Generating revenues surpassing EUR 200 million, Nifco Germany employs over 1,100 individuals across its locations in Germany, the USA, and Serbia.
Nifco decided to sell Nifco Germany to concentrate on its primary markets and operations. This decision was made with confidence in AEQUITA's ability to further develop Nifco Germany and support its growth, particularly with European Original Equipment Manufacturers (OEMs). Joan Oliveras, CEO at Nifco Europe, expressed satisfaction in finding a partner in AEQUITA, highlighting a shared commitment to quality, innovation, and sustainability.
Christoph Himmel, Managing Partner at AEQUITA, regarded the acquisition as a privilege and an excellent addition to their automotive sector portfolio. He emphasized AEQUITA's commitment to fostering sustainable growth for Nifco Germany, in collaboration with its experienced workforce and valued blue-chip customers. The financial specifics of the deal remain undisclosed, with completion anticipated in the first half of 2024 pending regulatory approval.
R. E.
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