Benchmark International is pleased to announce the transaction between Nortech Solutions Group (Nortech) and Nijhuis Saur Industries (NSI).
Nortech is a multidiscipline engineering, design, and project management organisation, operating across multiple sectors including upstream and downstream oil & gas, petrochemical, chemical, energy, nuclear, water, and iron & steel.
NSI delivers solid and adaptive solutions for sustainable water use, energy, and resource recovery. With its headquarters in the Netherlands, NSI operates in 130 countries globally, employing over 350 specialists in Dubai, Canada, Colombia, Chile, Germany, Poland, Russia & CIS, Saudi Arabia, Singapore, the Netherlands, the UK, and the USA.
The deal will enable NSI to expand its engineering capabilities in the UK, Europe and the rest of the world, paving the way for further investment and growth.
Menno M. Holterman, President and CEO of NSI, commented: "Nortech adds a wealth of engineering and industry knowledge to the NSI group, which will support the group’s mission to ‘Stand For Water’. Nortech also has a specialist staffing recruitment division, which will help NSI to scale up its global workforce quickly to execute major projects like some of the recently won mega projects in the biofuel and refinery upgrading market in Europe and the Middle East.
The Nortech team will be incorporated in our UK & Eire operations and will become part of NSI’s global engineering and project delivery team, while in parallel Nortech’s existing clients can benefit from our extensive knowledge on sustainable water use, energy and resource recovery."
Allan Cairns, new MD from Nortech said: “NSI is a great fit for the team at Nortech. In addition to its existing external clients and sectors, the NSI presence in global markets will help create a new and vibrant additional internal marketplace with more opportunities to apply their skills into existing and new industrial sectors.
Its core mission to deliver solutions for sustainable water use, energy and resource recovery has never been more important. I appreciate Bryan Bunn’ efforts over the first 10 years to create a successful company and I’m proud to continue the growth of Nortech as part of Nijhuis Saur Industries.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
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Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $7B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 14 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.