![]() The acquisition is a logical consequence of acquiring Nordic Lift AS in November last year. Nordic Wash AS is a strategic valuable addition to NDS´ workshop equipment portfolio. NDS expects to leverage major synergies from this acquisition. The product portfolio is complementary to NDS´ current offering. The company has a well-recognized brand and has recently invested significantly in modernizing its B2B and B2C web shop. Hovdan Poly AS, founded in 1910, is a distributor of high-quality marine parts including winches, ropes, and life vests. Customers will benefit from a wider product portfolio, better logistics and more modern systems”, states Janno Gröne, Chairman of the Board of NDS Group AS. ![]() “With two add-on acquisitions at a time and the win of a major supplier contract, NDS is continuing its growth path and solidifying its position as a consolidator in the Norwegian spare part market. Furthermore, NDS signed a main supplier agreement with Carfix AS. NDS has closed the acquisitions of Hovdan Poly AS and Nordic Wash AS, marking the third and fourth add-on acquisitions, while being part of AURELIUS´ portfolio. KGaA ("AURELIUS" ISIN DE000A0JK2A8) portfolio company NDS Group AS (NDS) continues steep growth path. Oslo/Munich, J– AURELIUS Equity Opportunities SE & Co. AURELIUS Refugee Initiative /en/aurelius-refugee-initiative/.AURELIUS Real Estate Opportunities /en/real-estate-opportunities/.AURELIUS Finance Company /financecompany.AURELIUS Growth Investments /en/growth-investments/.AURELIUS Equity Opportunities /equity-opportunities/.AURELIUS European Opportunities IV /european-opportunities-iv/.
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