23 April 2021

NGC supports growth strategy: Gelford acquires Bastex

King & Wood Mallesons (KWM) has advised NGC Nachfolgekapital GmbH (NGC) on the acquisition of Bastex Schädlingsbekämpfung & Hygienetechnik GmbH (Bastex). NGC invested via its portfolio company Gebäudereinigung & Dienstleistungen Gelford GmbH (Gelford). 

Bastex, based in Essen, Germany, has been a trusted partner for pest control and hygiene technology for more than 25 years. Gelford, the leading provider of building services in and around Essen, Germany, complements Bastex's service offering to its thousands of loyal customers. 

NGC is an entrepreneurial investment company that invests capital for a listed holding in German SME companies. Gelford’s investment in Bastex by acquiring a majority stake was part of a succession plan. 

KWM has already advised NGC on the acquisition of Gelford in summer 2020. 

Advisors to NGC Nachfolgekapital GmbH: 

Dr. Peter Polke, Simon Brandt (PSL) (both Corporate), Markus Hill, Viktoria Rosbach (both Tax)  

Media Contact

Share on LinkedIn Share on Facebook Share on Twitter
    You might also be interested in

    KWM has advised Nachfolgepartner AG on a partnership investment with Chromedia Dialogmarketing GmbH.

    20 October 2021

    KWM advised Silbitz Group GmbH on merger control aspects in connection with the acquisition of the iron foundry Eisengießerei Torgelow GmbH.

    13 October 2021

    KWM strengthens its German practice with Martin Gliewe (certified specialist in employment law) who joins the KWM team as Counsel in October 2021.

    01 October 2021

    KWM has advised the shareholders of REDNET AG on a partnership investment with Converge Technology Solutions Corp.

    12 August 2021

    You may also be interested in...

    This site uses cookies to enhance your experience and to help us improve the site. Please see our Privacy Policy for further information. If you continue without changing your settings, we will assume that you are happy to receive these cookies. You can change your cookie settings at any time.

    For more information on which cookies we use then please refer to our Cookie Policy.