Clearwater International advises Sturm Holding on the majority sale of shares to Nimbus

Clearwater International has advised Sturm Holding (Sturm), on the majority sale of shares to Nimbus hands-on investors (Nimbus). The remainder of the shares will be retained by W. Sturm. Sturm will benefit from the equity funding and is able to continue with its reorganisation process and global growth plan. This will ensure sustainable profitability and support the continued success of its global reach, in particular in the US and Asian markets. Nimbus will support Sturm with its relevant expertise, efficiency programmes, as well as management support.

With headquarters in Germany, Sturm is an established global manufacturer in state-of-the-art turnkey machines and systems for industrial applications, the automotive industry, airport infrastructures and the food and beverage sector. The company’s outstanding reputation for proven quality and technical know-how has established Sturm as a preferred partner of leading OEMs and Tier 1 suppliers with more than 700 specialists, operating sites in Germany, the US and China.

Nimbus is focusing on non-core carve-outs and companies at crossroads, requiring operational and strategic enhancement, primarily in the manufacturing, service, and technical trade sectors. With offices in the Netherlands, Germany and the UK, Nimbus currently has approximately 35 companies under management, with sales between €20m and €300m each, in most European countries.

Clearwater Advisers