Aquin Advises:
On The Sale To:
Key Terms
| > | Effective September 11, 2020 the family office, Emendo GmbH, acquired 100 percent equity in Nils Holger Moormann GmbH. |
| > | Nils Holger Moormann engaged Aquin as the sole M&A advisor. |
| > | The sale of Nils Holger Moormann GmbH to younger entrepreneurs allowed Nils Holger Moormann, at the age of 67, to arrange his succession. |
| > | Nils Holger, along with his wife Silke Moormann, will remain on the management board until February of 2021. Thereafter, taking over an advisory role for strategy and design. |
| > | Employees, business partners, local production and branding along with the location in Aschau (Chiemgau, Germany), including the logistics center and the guesthouse berge will not be impacted by this transaction. |
Nils Holger Moormann GmbH
| > | The Moormann name stands for the development and sale of minimalistic, avant-garde, and timeless designer furniture of the highest quality. |
| > | The distinctive, often unconventional, striking furniture creations enjoy the enthusiasm from a devoted fan base. The furniture, made out of only sustainable raw materials, is produced exclusively by regional craftsmen located within a 50 km radius. |
| > | Founded in 1984 by the self-taught Nils Holger Moormann, the company has maintained its cutting edge innovative ability by consistently staying true to its own values as well as allowing young external designers to have a platform to bring their new ideas to life. |
| > | The company earns approximately 10 million euros in annual revenues with above average profitability in its industry. |
Emendo GmbH
| > | The family office, Emendo GmbH, was founded by siblings Kristina Münnix and Christian Knorst. Having invested their own capital, they consider themselves long-term partners, who bring their knowledge and expertise to the daily management of the business. |
| > | Having invested their own capital, they consider themselves long-term partners, who bring their knowledge and expertise to the daily management of the business. |