Acquisition of novelex AG
H&T Presspart, a Division of the Heitkamp & Thumann Group, have reached agreement with Liberta Partners, a multi-family holding based in Munich, on the acquisition of novelex AG ("novelex"), formerly forteq Nidau AG. novelex is based in Nidau, Switzerland, and focuses on the design, development and manufacturing of plastic components and devices for the Pharmaceutical industry.
The acquisition of novelex reinforces H&T Presspart's vision of being the most trusted and customer focused manufacturer of drug delivery devices in the world.
Christian Krätzig, President of H&T Presspart: "novelex' business is an excellent strategic fit. The acquisition will open up new opportunities to accelerate growth. novelex' extensive experience in the delivery of high-quality components and devices for Pharmaceutical clients complements our offering and capabilities in the growing drug delivery device market."
Florian Korp and Dr. Peter Franke, both Partners at Liberta Partners: "H&T Presspart is the right industry partner to novelex and its employees with the ability to create strong synergies. We are honored to have accompanied novelex and thereby helped to strengthen its excellent niche market position.”
We are welcoming all novelex employees to H&T Presspart and the Heitkamp & Thumann Group. We look forward to working together in order to grow our business and to partner with our customers with the goal to succeed in their business and improve patients' lives.
About H&T Presspart
H&T Presspart is a market leading manufacturer of drug delivery devices and components focusing on respiratory treatments, with more than 50 years' experience and enjoys a worldwide reputation for competence, quality and innovation in the pharmaceutical market. H&T Presspart's New Product Development Center (NPDC) and Inhalation Product Technology Centre (IPTC) support our customer's new product developments and strategic initiatives. H&T Presspart has 3 European manufacturing sites and sales offices in China, India, the U.S.A. and Uruguay.
For more information, please visit www.presspart.com
About Heitkamp & Thumann Group
The Heitkamp & Thumann Group is a leading global partner for the supply of world class precision formed components in both metal and plastic. The family-owned Group comprises of 14 medium-sized companies located in 8 different countries. Efficiency, quality, and innovation have always been at the very center of our corporate philosophy and entrepreneurial activities. Highly qualified and motivated employees and lean structures make us successful all over the world.
For more information, please visit www.ht-group.com
novelex AG based in Nidau, Switzerland and founded in 1995 is an integral partner of the pharmaceutical industry worldwide. As such novelex provides design, development, manufacturing, assembly and packaging services for custom medical & drug delivery solutions. The team consists of 100 employees in the segments engineering, molding, assembly, logistics and quality.
For more information, please visit: www.novelex.com
About Liberta Partners
Liberta Partners, founded in 2016, is a multi-family holding based in Munich. Liberta Partners invests in companies predominately based in German-speaking countries with clear operational and strategic development potential, in particular corporate carve-outs and successions. We actively develop our investments within the framework of our long-term "100% Core & Care" concept. Our portfolio companies thus benefit from Liberta Partners' innovative entrepreneurial experience. The Liberta Partners team consists of experienced professionals covering the areas of M&A, Operations and Legal as well as an active advisory board.
For more information, please visit: www.liberta-partners.com