Invision and NORD Holding invest in KADI AG
Invision and NORD Holding are new majority shareholders of KADI AG, a leading manufacturer of refrigerated and frozen products. The management team, led by CEO Christof Lehmann, remains in office unchanged and reinvests alongside Invision and NORD Holding. The transaction ensures the long-term independence and continuity of the Swiss frozen food specialist.
Invision and NORD Holding acquire the majority stake in KADI with management reinvesting alongside into the company. „We are highly enthusiastic about KADI as an innovative premium supplier of convenience products and look forward to supporting management on their well-established growth-path”, said Marco Martelli, partner at Invision.
„The outstanding market position that KADI has earned through hard work, innovative products and consistently providing high quality has always impressed us. We see great potential and look forward to the next chapter.“, said Philipp von Mitzlaff, member of the Management Board at NORD Holding. „We have confidence in Mr. Lehmann and his team and are looking forward to further developing the company together in partnership with the management and our co-shareholders.“
About NORD Holding
With its 50-year history and over €2.0 billion Assets under Management, NORD Holding is one of the leading Private Equity Asset Managers in Germany with a focus on direct and fund investments. The direct investments division of NORD Holding focuses on structuring and financing company succession models, acquiring parts of larger groups/ subsidiaries as well as on expansion financing of medium-sized companies. In contrast to most other financial investors, who only manage closed-end funds, NORD Holding acts as a so-called „evergreen fund“, thereby investing from its own balance sheet with no maturity restrictions. Currently, the fund has interests in more than 15 companies in the DACH region. The fund investments division targets the small-cap segment of the European private equity market through primaries, secondaries and co-investments. NORD Holding has a strong focus on emerging buyout managers, hands-on investment strategies and regularly acts as an anchor investor. The division manages €1.3 billion and ranks among the top decile fund investment groups in Europe.
NORD Holding has a strong track record in several sectors including: Software & Technology | Business Services | Smart Industries | New Consumer & Healthcare