Nimbus acquires HOERBIGER's reed valve business

Nimbus has acquired HOERBIGER’s reed-valve business, a specialised division developing and producing performance-critical compressor components used in refrigeration and mobile brake-air compression. As a global technology group focused on compression, drive and hydraulic systems, HOERBIGER is aligning its portfolio and transferring this established unit, including approx. 300 employees across Germany, China and India, to Nimbus. For Nimbus, a European private equity investor with more than twenty years of experience in advancing mid-market technology and manufacturing companies, the acquisition fits seamlessly into its long-term approach of combining capital with operational expertise to strengthen specialised industrial operations. act legal advised Nimbus on the transaction, covering the cross-border carve-out and the related multi-jurisdictional contractual landscape. Completion of the transaction remains subject to merger control clearance. Nimbus has acquired HOERBIGER’s reed-valve business, a specialised division developing and producing performance-critical compressor components used in refrigeration and mobile brake-air compression. As a global technology group focused on compression, drive and hydraulic systems, HOERBIGER is aligning its portfolio and transferring this established unit, including approx. 300 employees across Germany, China and India, to Nimbus. For Nimbus, a European private equity investor with more than twenty years of experience in advancing mid-market technology and manufacturing companies, the acquisition fits seamlessly into its long-term approach of combining capital with operational expertise to strengthen specialised industrial operations. act legal advised Nimbus on the transaction, covering the cross-border carve-out and the related multi-jurisdictional contractual landscape. Completion of the transaction remains subject to merger control clearance.