Acquisition: Niedax Group
The Niedax Group (Niedax) has taken a significant step towards expanding its business activities in the UK and Ireland with the acquisition of MEF on 1 November 2023.
Headquartered in Germany, Niedax is a long-established family-owned entity, occupying a leading global position in the supply of cable management systems. This acquisition facilitates Niedax’s distribution capabilities in the UK and Ireland.
MEF is a leading UK distributor with a focus on data centres and semiconductor factories. MEF was founded in 1987 and employs 70 people in Edinburgh, Dublin and Belfast.
Crowe's role and team
Our financial due diligence team was led by Dan Nixon, who was supported by Ioanna-Maria Kasinou, George McMullen, Jon Peña, and David Major, with buy-side support provided by Dan Nixon and Charlie Breese.
Our tax due diligence team was led by Trevor Ling, who was supported by Raveen Somrah, Ajay Raval and Seb Harding.
Client quote
“This is the second transaction we have worked on with Crowe in the last twelve months, who with a quick turnaround provided us with a comprehensive and succinct financial and taxation due diligence report as well as excellent support throughout the transaction.”
Cornelius Steele, Executive Board Member, Niedax Group
