CDA Datenträger Albrechts GmbH, a Suhl, Germany-based independent manufacturer of optical storage media, has been acquired by private equity firm Nord Holding Unternehmensbeteiligungsgesellschaft mbH.
The transaction, whose amount remained undisclosed, is still subject to the approval of the anti-trust authorities.
Nord Holding acquired 100% of the company from bm-t beteiligungsmanagement thüringen gmbh, which owned CDA via its Thüringer Industriebeteiligungs-GmbH & Co. KG (TIB) fund.
As stated by Matthias Kues, NORD Holding CEO, the investment intends to support the company in consolidating existing products and expand into additional application areas such as medical products and micromechanics.
CDA currently produces CDs, DVDs and Blu-rays, memory cards and USB sticks and offers authoring, individual packaging solutions and a comprehensive logistics and shipping service.
The company employs 190 people and achieved a turnover of €25.6m in 2010.