We have advised Normek, a manufacturer and installer of high quality steel structures, on its sale to Donges Group, a portfolio company of Mutares.
The main owner of Normek prior to the transaction was a Finnish private equity company Intera Partners. Normek, established in 1979, is one of the leading steel building construction and façade solutions companies in Finland and operates mainly in the Finnish and the Swedish market.
Donges Group is a leading full-service provider for bridge and steel constructions as well as roof and facade systems. Donges Group comprises Donges SteelTec GmbH, one of Germany’s leading steel construction and bridge construction companies and Kalzip Group, a leading international manufacturer of Aluminium roof and facade systems. The Group has locations in Germany, France, Spain, Italy, England, Singapore, India, and Dubai. The company is backed by German private equity firm Mutares.
The business activities of Normek ideally complement the existing business of the Donges Group. With Normek, Donges found an established Northern European specialist for steel construction and façade solutions which contributes to the further growth of Donges. This add-on acquisition will expand and complement the product portfolio and distribution channels of both Donges Group and Normek.
