Earlier this year, major fastener and fixing supplier Dresselhaus was taken over by German-Dutch industrial holding company Nimbus.
In March, competition authorities approved the move for Nimbus to hold 100% of partnership shares in Joseph Dresselhaus.
Nimbus is a specialist for industrial holdings in small and medium-sized enterprises and has been investing in firms with development potential since the beginning of the 1990s, particularly in the sectors technical trading, mechanical engineering and industry. Nimbus generates an overall turnover of circa €2 billion Euros with its main focus on Germany and Europe.
Via the deal, Dresselhaus can leverage Nimbus experience, references and networks in technical trading and relevant customer groups. Furthermore, Dresselhaus and Nimbus are to further develop optimisation processes, make new investments and concentrate their efforts on sustainability and profitable growth in both the home and overseas markets.
With the advent of Nimbus, Dresselhaus has gained an additional managing director, Thomas Besch. Besch brings more than 20 years’ experience of senior management in both industrial and trading companies and assumed the management of Dresselhaus jointly with Nordhus
The firm said: “Together with Nimbus as a strong shareholder and partner, Jurgen Besch as an experienced specialist and our qualified workforce, we intend to further strengthen our foundations in order to lead Joseph Dresselhaus GmbH & Co. KG into a new and successful future.”