# NORD Holding sells Parador to HIL Limited

NORD Holding sold its subsidiary Parador GmbH, a flooring manufacturer, to HIL Limited, a subsidiary of the Indian CK Birla Group. The transaction is subject to antitrust approval.

- Type: Acquisition
- Announced: 2018-07-17
- Where: Coesfeld, Germany, Germany
- Status: announced
- Products: laminate flooring, parquet, LVT/PU flooring
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Nord Holding](https://endata.com/companies/7054.md) (partner)
- [CK Birla Group](https://endata.com/companies/21712.md) (partner)
- [Parador GmbH](https://endata.com/companies/33166.md) (target)
- [HIL Limited](https://endata.com/companies/33167.md) (acquirer)

## Sources

- [fyb.de](https://www.fyb.de/en/exit-nord-holding-sells-parador-to-hil/), 2018-07-17: "NORD Holding has sold its subsidiary Parador GmbH to HIL Limited, a subsidiary of the Indian group CK Birla."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.