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Private equity firm NORD Holding acquired a majority interest in Heizkurier Group, a provider of mobile heating and cooling solutions based in Wachtberg, Germany, from Odewald KMU. The existing management and founders will remain involved.
Odewald KMU II, an investment company, acquired a majority stake in heizkurier GmbH, a German mobile heating system renter and seller. The founders retain a significant stake, and the goal is to achieve market leadership in Germany and expand to other European countries.