Clearwater acted as sole financial adviser to NIMAK GmbH on issuing an independent fairness opinion.
NIMAK GmbH, headquartered in Wissen, operated in the field of innovative welding, e.g. welding guns, welding machines and welding plants. Its main customers include almost all global players in the automotive and supplier industry. With approximately 200 employees, NIMAK generated sales of around €46m in 2007.
