Baggerman has been a manufacturer and distributor of industrial hoses, couplings and accessories for almost 70 years, focusing on their development, production and distribution. The company has branches in the Netherlands, Germany, Italy, Switzerland, Hungary and Romania, approximately 140 employees and 35 registered brand names. Its products range from rubber and plastic hoses, couplings and connectors to various types of hoses for specific applications. NORRES Group (“NORRES”), one of Europe’s market leading manufacturers of thermoplastic industrial hoses, has signed an agreement to acquire Baggerman Group (“Baggerman”), a manufacturer and distributor of industrial hoses, couplings and accessories. Rembrandt M&A served as exclusive financial advisor to Baggerman B.V. on this transaction.