Human Solutions Group with new shareholder structure
The Kaiserslautern-based Human Solutions Group faces the future with a new, strengthened shareholder structure – NORD Holding and PINOVA Capital have jointly purchased the majority of Human Solutions GmbH shares as part of a succession policy. Company founder Dr. Andreas Seidl is the third shareholder. He will remain in his present position as Managing Director.
“The new shareholder structure provides ideal conditions for our future growth and enables us to increase our market shares in Germany and abroad”, says Dr. Seidl. “We are delighted to have gained two experienced partners who will continue to pursue our successful course with us.”
With over 200 employees and offices in Kaiserslautern, Munich, Lainate/Italy and Cary/North Carolina, USA, the Human Solutions Group achieved a turnover of around €22.5 million in 2014. There were previously 15 investment partners in the Human Solutions Group. Human Solutions, NORD Holding and PINOVA will focus on an international growth strategy, particularly in Asia.
“The Human Solutions Group has an excellent market position. In its pioneering role, the Group sets new software standards for the fashion and automotive industries thanks to its unique technological expertise, especially in 3D simulation”, explained Matthias Kues, Board Spokesman of NORD Holding.
“We have watched the development of Human Solutions for many years and we are very pleased that we will be creating further growth together,” adds Joern Pelzer, co-founder and partner of the PINOVA Capital GmbH.
The Group, founded in 2002, focuses on size & fit optimization and increased productivity and efficiency. Combining the special expertise within the Group companies results in a unique technology portfolio that meets all the requirements of the apparel industry for product development (CAD/3D and body dimensions), management (PLM/ERP), production (piece placement/order optimization) and the retail trade (bodyscanning/customized clothing). With its market-leading CAD manikin RAMSIS and accurate, integrated ergonomic data, Human Solutions provides a solution for the automotive industry that ensures the desired ergonomic conditions inside the vehicle – at the digital model stage.