NEXAT and EW Group with future-oriented partnership
The agricultural machinery manufacturer NEXAT and the international family holding EW Group announce a strategic cooperation in the run-up to AGRITECHNICA.
Klemens Kalverkamp, Managing Director NEXAT: “We are very pleased to have convinced EW Group, a very strong investor, to join us. The association with a long-term oriented family group with an outstanding track record in developing globally leading innovative companies is excellent news for our customers, partners and employees. The partnership strengthens our long-term development opportunities.”
EW Group will receive a minority stake as part of the transaction, further financial details will not be disclosed.