08 October, 2024
Translink Corporate Finance in the United Kingdom is pleased to announce that it acted as the lead advisor to the Shareholders of the National Floorcoverings Group (NFG), a company specialising in the manufacture of textile floor coverings and sports surfaces, on the sale to Nimbus, a Pan European investor that specialises in buy outs, carve outs and turnaround situations.
NFG consists of four market facing divisions Heckmondwike, Paragon, Playrite and Mat.Works, and has been under family ownership for over 60 years. In that time NFG has dominated the educational sector with its flagship fibre-bonded product Supacord whilst continually developing and introducing new product lines to appeal to wider commercial offices and sports organisations.
The acquisition by Nimbus, the Pan European investor with offices in Munich, Zeist and Leeds represents the first UK acquisition from its new Fund V.
Andy Shepherd, Advisor at Translink, commented, “Our team worked tirelessly on this project to ensure that we delivered an exceptional result to the Shareholders. The transaction required a specialist buyer, capable of taking on a complex asset that is spread across two manufacturing locations. We believe that Nimbus is the perfect fit for NFG and will undoubtedly assist in guiding them through the next stage of their journey.”
Contact our Team Members advising in this transaction:
Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Based in Amsterdam, Utrecht and Brussels, we act as exclusive partners of Translink Corporate Finance in Benelux. We are one of the leading M&A boutiques in the Benelux mid-market segment due to the extensive international reach of Translink Corporate Finance. We offer companies, private owners and PE funds a wide range of corporate finance services, including advising on domestic and cross-border M&A transactions, equity and debt raisings, and valuations.
TRANSLINK INTERNATIONAL AG
