3i private equity

Portfolio

Novem Car Interior Design

Novem Car Interior Design

Sector General industrial
Investment type Growth Capital
Region Germany
Status Former investment

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Novem is the leading supplier for interior wood trim components in the automotive sector. Its products are designed to be fitted to the car interior as fully finished components and are manufactured primarily using pressing, sanding, and lacquering techniques and processes. Novem's main OEM customers are BMW, VW, Audi and DaimlerChrysler. 3i acquired a minority stake in Novem in 2004.