Divestment of Standard Fasel to Nimbus through her investment in Nimwes

Transaction
Nimbus has acquired 100% of the shares in Standard Fasel through its subsidiary Nimwes. Rembrandt Mergers & Acquisitions advised the seller in realizing this transaction.

Standard Fasel
Standard Fasel is a leading player in the field of industrial boiler and burner technology and focuses mainly on the middle segment.

More information is available at: www.standardfasel.nl.

NEWES
NEWES, a subsidiary of Nimwes, is specialized in the assessment, maintenance, modification and repair of industrial steam boilers and other warm mechanical engineering installations in especially the larger segment. The company is a portfolio company of Nimbus.

More information is available at: www.newes.nl.