Novoferm takes over the French Norsud Group

July 2016 ❘ Company News

Further expansion as a full-service provider for industrial doors and docking technology
Novoferm takes over the French Norsud Group
Rees, 1 July 2016. The takeover of the Norsud Group by Novoferm was formally signed on Thursday, 30 June 2016. The purchase of the Norsud Group, a leading supplier of industrial doors and docking technologies on the French market, reinforces Novoferm's position as an international full-service provider of products and logistics solutions.

Novoferm, one of Europe’s largest suppliers of Entrance Solutions, is accelerat-ing its growth in France by taking over the Norsud Group. Founded in the 1960’s, the Group has played a leading role on the market for industrial cus-tomers through its subsidiaries: Nordsud, GPS and Automanu. The key to this is the wide range of complementary and individually configurable solutions, for example in the fields of industrial sectional doors, high speed doors, roller shutters and docking systems.

With this acquisition, Novoferm is expanding its range of services, improving its presence on the French market as a provider of industrial solutions, and con-tinuing its international strategy. The company’s objective is to be able to offer industrial customers the entire range of products from the field of innovative door and docking technologies from a single source.

Commenting on the deal, Rainer Schackmann, CEO of Novoferm Group said, "The purchase of the Norsud Group will reinforce Novoferm in two respects. This established and recognised partner will significantly improve our ability to support the French market, and the products and solutions of this new Novo-ferm subsidiary are ideal additions to our range of services. This represents a significant step towards our strategic objective of establishing ourselves, Eu-rope-wide, as a full-service provider for innovative industrial door systems and docking technologies."

The technical competence and the nation-wide coverage of the markets by the four Norsud regional branch offices in Paris, Nantes, Lyon and Marseilles are significant factors that will help to achieve this objective in the near future. At the same time, there will also be synergy effects, particularly in the field of production. Michel Akoum, Managing Director of Novoferm France, also be-lieves that Norsud and Novoferm complement each other perfectly, and re-gards the takeover as logical: he commented, "We combine industrial know-how in the production of first-class products with experience and technical knowledge in fields like project management and services. The decision to take over Norsud means that we have decided in favour of cooperating with a dy-namic and competent team that has detailed knowledge and innovative ideas in the fields of security and optimised docking technology."

By purchasing the Norsud Group, the Novoferm Group in France now employs more than 500 employees, who generate annual sales of over 100 million euro. Today's acquisition underlines the Novoferm Group's claim to expand its role as a supplier of innovative products for industry and to distinguish itself as a specialised partner for docking technology.

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Novoferm takes over the French Norsud Group 
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They signed the agreement: Jean-Paul Verge (Managing Director of Norsud, left) and Michel Akoum (Managing Director of Novoferm France, right
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