Rosti Group AB acquires the Bianor group from Nimbus Investments, a private equity company based in the Netherlands and Germany. The acquisition is conditional on approval by the Polish Office for Competition and Consumer Protection which is expected during the third quarter of 2015.
The Bianor group, based in Poland and Romania, is an injection moulder and assembly-solutions provider to the major OEMs within the small household appliances, electrical goods and safety accessories sectors.
Rosti, which is part of the Nordstjernan group, is a global plastics injection moulding company and subcontract manufacturer to the Automotive, Packaging, Consumer & Professional Appliances, Business Machines, and Life Sciences markets. Rosti has a combined turnover of 450 MEUR and 3,400 employees with 10 manufacturing facilities, located in the UK, Sweden, Germany, Poland, Turkey, China and Malaysia.
G&D has advised Rosti with a team consisting of Partner Dick Lundqvist, Counsel Rolf Larsson (Competition) and Senior Associate Corinne Ekman (M&A). In the transaction G&D has cooperated with the Dutch law firm Van Doorne, with a team lead by Advocaat Steffen Alleman, and Dentons Warsaw and Bucharest, with teams lead by Partner Piotr Dulewicz and Associate Rafal Celej (Warszawa) and Partner Cristina Daianu (Bucharest).