2018/07/25

BDA & William Blair advise Nord Holding on sale of Parador to HIL/CK Birla

a portfolio company of

has been acquired by

2018

William Blair and its Asian affiliate, BDA Partners, acted as financial advisors to Parador Holdings, a portfolio company of Nord Holdings, on its sale to HIL Limited, a subsidiary of CK Birla Group.

Parador GmbH is the leading brand of high-quality systems for floor and wall design, including laminate flooring, engineered wood flooring, panels and resilient floorings, produced in Germany and Austria.

Transaction Highlights:

Deep sector expertise: Parador was attracted to William Blair and BDA’s extensive knowledge of the building materials space, significant transaction experience with other leading flooring brands, and strong relationships with potential buyers.

Process and execution excellence: William Blair and BDA designed and executed a highly competitive and efficient sale process, with outreach to a global pool of strategic and financial buyers. The process drove a strong competitive dynamic, yielding an outstanding outcome for the client, and finding the right partner for Parador.

Trusted guidance: The William Blair and BDA teams were deeply involved in each step of the transaction process: close collaboration with Parador in developing marketing materials, coordinating due diligence with multiple parties, and negotiating key contract term

Deal team

About Parador Holdings

Parador is a leading premium brand for hard and resilient floor coverings, with plants in Coesfeld, Germany and Güssing, Austria. The company develops, produces, and markets laminate, parquet, LVT/PU floor coverings and panels, mouldings, and accessories. Following the successful carve-out from the Hüls Group in 2016, Parador undertook various measures, including the expansion of its commercial business overseas, the establishment of a digital point of sale with various dealer networks, and the installation of a laminating plant to extend and flexibilize its manufacturing penetration in the field of LVT/PU production. www.parador.eu/

About Nord Holdings

With a 49-year history, NORD Holding is a leading German equity investor for upper-tier SMEs. Its activities focus on the structuring and financing of company succession models, carve-outs, and financing of the expansion of midsize companies. The company currently holds interests in more than 25 companies in Germany and the DACH region. Through its fund-of-funds segment, NORD Holding has also invested €1 billion in other European investment companies. NORD Holding’s investors comprise several north German savings banks, insurance companies, and professional pension funds. www.nordholding.de/en/

About HIL Limited

Established in 1946, HIL Limited is part of the US$1.6bn C K Birla Group in India. HIL is the market leader in the building material segment in India. HIL employs 20,000 employees with 24 manufacturing facilities across five continent. It has secured many patents, awards and enjoys the honour of “Super Brand” title, ranking among TOP 20 of all other Super-brands across all categories in India. HIL has three major brands; Charminar, Birla Aerocon and HYSIL. Charminar is the undisputed market leader in complete roofing solutions. Birla Aerocon excels in the building solutions range that includes walling and plumbing solutions. HYSIL offers industrial thermal insulation used in a range of applications in energy-intensive industries. www.hil.in/about-us/

About BDA


BDA Partners is a leader in cross-border investment banking involving Asia. BDA advises on M&A and capital raising. BDA has been consistently owned and managed by the same team since 1996. BDA has a track record of providing independent advice to blue-chip corporate and financial sponsor clients from North America, Europe, and Asia. BDA is headquartered in New York with offices in London, Mumbai, Ho Chi Minh City, Singapore, Hong Kong, Shanghai, Seoul, and Tokyo. BDA was named Investment Bank of the Year 2017 by both The M&A Advisor and ACG New York. BDA formed partnerships with William Blair & Company in 2011 and Development Bank of Japan in 2017. www.bdapartners.com

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