On 10 April 2024, the sale of the 100% stake of Julius-Globe Kft. to NAVIGATOR Investments Plc. was successfully closed.
Julius-Globe Kft., founded in 1998, is engaged in the design and construction of equipment and precision CNC machining. Located in Győrújbarát, its 1700 sqm plant is equipped with modern machinery and produces nearly 60% of its products for export. Throughout its operations, it has been able to build long-lasting and strong customer relationships as a result of the high quality of the production offered by the Company. Among its customers are major international companies such as Siemens, Körber Group, Schaeffler Group, Koenig&Bauer Group, Coperion Group, Bridgestone and Audi.
NAVIGATOR, which operates on the BSE Xtend market, is first and foremost a holding company specialising in private equity investments, corporate finance and strategic management of generational change solutions.
As an investor, NAVIGATOR primarily acquires and manages industrial manufacturing companies, and has also managed the listing, share issue and capital increase of several companies as a BSE Xtend Nominated Adviser (NOMAD). With the acquisition of Julius-Globe Kft., NAVIGATOR is pursuing its strategy adopted at the time of its IPO to build and operate a significant industrial manufacturing group through acquisitions. The transaction has resulted in the addition of a dynamic and growing engineering company with state-of-the-art manufacturing technology and innovative R&D activities to NAVIGATOR’s portfolio.
Concorde MB Partners was the exclusive transaction advisor of the sellers.
