NORRES Beteiligungsgesellschaft mbH is the parent company of the NORRES Baggerman Group and prepares the consolidated management report. The business model is based on the manufacture, sale and distribution of industrial hose applications and associated connection technology using PVC, PU and rubber. The group employs more than 380 people in 14 countries and operates six production sites in Germany, China, the USA, Italy and Switzerland. NORRES Baggerman offers a broad portfolio of PU, PVC and rubber hoses as well as connection and coupling technology and positions itself as a globally leading manufacturer of technical hose systems.
Erwerb, das Halten, das Verwalten und Verwerten eigener Beteiligungen und Vermögensanlagen, insbesondere von Geschäftsanteilen und Beteiligungen an der NORRES Holding GmbH (zuvor: Nexus BidCo GmbH); erlaubnispflichtige Tätigkeiten, insbesondere solche nach Kreditwesengesetz, werden nicht ausgeübt
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Gelsenkirchen Local Court, HRB 17788 (as of 1 November 2026)
| Name | Type | City |
|---|---|---|
| Thomas Gela | Geschäftsführer(in) | Hinterbrühl |
| Marc Hellmann | Geschäftsführer(in) | Duisburg |
Source: German Commercial Register (Handelsregister) Gelsenkirchen Local Court, HRB 17788 (as of 1 November 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2025 | €99,265,827 | -€9,327,892 | €209,495,965 | — |
| 2024 | €97,220,525 | -€11,203,007 | €227,539,436 | 366 |
| 2023 | €54,701,829 | -€13,278,149 | €242,797,919 | 352 |
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Source: German Commercial Register (Handelsregister) Gelsenkirchen Local Court, HRB 17788 (as of 1 November 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €22,600,000 | 47.7% |
| Depreciation | €20,458,769 | 43.2% |
| Interest & Similar | €4,299,103 | 9.1% |