Maars Living Walls announces acquisition led by Nimbus

On October 30th 2023, the acquisition of Maars Living Walls was completed and led by the Private Investor Nimbus along with the Maars Management and a Maars dealer. The ownership has previously been held by the global furniture company MillerKnoll, a select group of MillerKnoll dealers and Maars Management. The successful partnership with existing and active MillerKnoll dealer partners shall continue.

Headquartered in Harderwijk, The Netherlands, Maars was founded in 1946 and has expanded in 75 years to over 55 countries. Maars is the global leader of sustainable and innovative demountable walls with unique design, best-in class and custom-made solutions. The extensive range of high performance acoustical and fire rated products are manufactured in a modern factory, suppling to customers all over the world. Product design and delivery is performed in close cooperation with many well-known architectural firms, general contractors, and project management companies.

In continuing efforts to expand and improve our international strategy on growth, new product developments, customer support & operations, Maars has entered a new partnership. Menno de Vries, CEO of Maars, believes the experienced Dutch investment company will support and expand the international strategy of Maars. Nimbus has a successful track record of more than 25 years in strengthening and improving international manufacturing companies, including in the demountable wall industry. Furthermore, Menno believes the company will continue and enlarge their services to all customers also with offering refurbished, reused and recycled demountable walls.

‘‘We are pleased to have the opportunity to invest in Maars Living Walls’’ says Alexander de Haas, partner at Nimbus. “Through continued focus on market developments and (new) product introductions, new investments and operational improvements, Maars Living Walls will remain a solid partner for its customers, suppliers, and workforce. Demountable walls have exhibited potential, which can be realized through additional investments and global growth. We will support the business in any way we can in the years to come”.

Contact information

Alexander de Haas   Nimbus         +31 (0)6 1227 7509

Menno de Vries        Maars           +31 (0)6 1089 6932

About Nimbus

Nimbus is a private investment company that has been operating for close to 25 years, with offices in the Netherlands (Zeist), Germany (Munich) and United Kingdom (Leeds). Nimbus invests in companies that are at a crossroads in their development and are ready for their next growth phase. The Nimbus team has relevant operational and strategic skills which has formed the basis of strong partnerships with management teams in over 100 investments since its inception. Nimbus also has significant experience in the manufacturing industry and carving-out non-core business units from larger companies. More information about Nimbus can be found on www.nimbus.com.

About Maars Living Walls

Maars is one of the leading suppliers of high-quality customized wall and pod solutions for buildings to improve people’s well-being and productivity. Maars is a Dutch-based manufacturer with 75 years of experience providing world class solutions and stands for excellent service with various and integrated customized projects. Their wide range of products have a refined design, are high quality, and demonstrate worldwide leadership in fire and sound certificates and sustainability. More than 80% of projects Maars produces are exported outside the Netherlands and supported by professional teams of Maars and their dealers. The global organization has competent teams and departments in-house which include: research and development, manufacturing, engineering, project management, service, installation, and sales. More information about Maars Living Walls can be found at www.maarslivingwalls.com, @maarslivingwalls on Instagram and on Linkedin: https://nl.linkedin.com/company/maars-partitioning-systems.

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