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Michael Hümmer
Thursday, 10. September 2020 / Published in Deal News

CODEX Partners advises NORD Holding on the acquisition of oton-/Ohrwerk as part of a buy-and-build strategy

NORD Holding, together with an experienced management team led by Mr. Wilhelm Evers, is pursuing a buy-and-build strategy in the premium hearing care market. The acquisition of parts of the oton-/Ohrwerk Group (29 stores) lays the foundation for the planned acquisitive growth to over 150 stores.

With the buy-and-build platform NORD Holding addresses the increasing demand for high-quality hearing aids and customer-oriented service in strong contrast to established branch concepts.

CODEX Partners advised NORD Holding on the development of the hearing care stores buy-and-build strategy.

CODEX Partners advises investors on commercial and vendor due diligence, on strategy development, cost optimization, and restructuring of portfolio companies as well as on the development of industry platforms. Investors benefit from our experiences from over 500 projects.

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