IOM Advisory advises the shareholder of Preising GmbH & Co. KG on the sale to the NOVARC Group

Preising GmbH & Co. KG is a rapidly growing provider of occupational safety solutions with a focus on the energy industry. With a team of 45 specialists, Preising is a family-owned company with over 70 years of experience, known for its uncompromising commitment to the quality of its products. The focus is on reliable, high-quality products and systems in the areas of fall protection and live working, which are used, among other things, in the expansion of renewable energies and the expansion of the German powergrid.

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In the NOVARC Group, an international partner has been found for the company and its future management, as well as for the further development of the company, with whom a long-standing and trusting partnership already exists.

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This strategic partnership completes the development of a unique portfolio of products and services for protecting health and safety in the workplace for people working in high-risk environments, particularly in powersupply, transmission, and distribution, including wind power and photovoltaics.

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IOM exclusively advised the shareholder of Preising GmbH & Co. KG on the corporate succession solution. The transaction also underscores IOM's industry expertise in the energy and occupational safety sectors.