eps acquires Nüssli in Martinsried; global market leader across 50 locations worldwide

Nüssli and eps have merged

Martinsried - The German event infrastructure company eps has acquired Nüssli, the Thurgau-based specialist for temporary event constructions. By combining their respective expertise, the two companies will now form a global market leader for their extensive range of services in this area.

( CONNECT ) The merger of Nüssli and eps “brings together two global market leaders”, as detailed in a statement issued by the two companies: Founded 30 years ago and based in Martinsried in the Munich district, eps specializes in temporary turf and ground protection systems as well as crowd control and visitor guidance, while Nüssli is a specialist in the erection of temporary grandstands and stadia, as well as event constructions and special structures.

Nüssli was founded 85 years ago. Following some turbulent times, the company was acquired by an investor consortium led by Helvetica Capital in 2017. “We brought a combination of operational experience, strategic clarity, and patient capital that allowed the management team to restructure the business for long-term performance rather than short-term fixes”, as the Zurich-based investment firm describes this phase.

The turnaround was successful and today Nüssli is once again “in a strong operational and financial position”, as Andy Böckli, formerly CEO of Nüssli and new Group CEO, comments in the current statement. He adds that it has already been clear for some time that Nüssli’s shareholders wished to arrange the succession “from a position of strength”. Nüssli’s management team deliberately opted for a strategic owner capable of bringing both market expertise and growth capital to the table. Consequently, as a company that has grown as a family business for a long time, Nüssli is now once again part of an owner-managed European family business.

Nüssli and eps will continue to operate under their own names. All of the company’s workforce of more than 820 employees are expected to remain in situ. “The professional and consistent service our customers have come to expect will not change, but the range of services behind it will”, Böckli explains. Tom Bilsen, CEO of eps, points out that customers “prefer to work with a smaller number of suppliers in order to optimize coordination and meet ever-tighter schedules as well as stricter technical and organizational requirements. Starting today, that’s exactly what we can do”.

The merged company regards itself as the new global market leader in the event infrastructure business. It will operate across 50 locations with projects based throughout the world, while the client base includes Formula 1, the ATP Tour and the Ski World Cup, as well as World Expo participants and organizers of international music tours and festivals such as Coachella. Looking ahead, the two partners have set their sights on entering additional markets, in addition to increased investments and an expanded workforce. ce

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