Have a question about the Nordic Group of Companies? Please review our frequently asked questions below to see if we can quickly answer your question. If you do not see your question listed, please send us your inquiry by using the form on our Contact Us page.
Jason Sauey is President of Nordic and manages the day-to-day operations.
Nordic is family-held by descendants of W.R. Sauey.
Unlike public companies, Nordic Group has the opportunity to evaluate each opportunity that presents itself and has invested in a wide array of companies and assets from full ownership to minority stock holdings.
Nordic’s Founder, W.R. Sauey is the descendent of Norwegian heritage as is his wife, Floy. Together they had seven Norwegian children – all of whom greatly relate to their Norwegian ancestry.
Manufacturing – primarily in plastic processing and transportation products.
Nordic Group’s Board of Directors are charged with investment decisions for the stockholders.
Nordic has a great kinship to small businesses and believes in the entrepreneurial way of life – taking risks and opportunities as they present themselves for possible great rewards.
Ownership positions have been historically wholly owned acquisitions with a handful of minority stake holdings in other companies.
Nordic has not found need to sell any of its stake in ownership after investing.
This is negotiated with the ownership of the acquired company.
This is negotiated with the ownership of the acquired company.
Primarily Nordic uses internal monies for investments, but maintains outside investment resources, for use as needed.
Opportunities are addressed to Nordic’s VP Administration who will share the preliminary with appropriate channels for consideration. If desired, more information will be requested and shared with the respective division within Nordic Group who would be responsible for the acquisition. Any continued interest would require Presidential and company operating board approval with the final approval by Nordic Group Board of Directors approval.
This is negotiated with the ownership of the acquired company
Nordic will invest in the people and equipment required to optimize the opportunities available the acquisition. Nordic Group consolidates the many companies into one group for the purposes of providing beneficial 1) financing, 2) insurance, 3) memberships, 4) management knowledge, 5) legal and 6) shared people resources.
For as long as the investment retains an agreed upon level of performance or meets the performance criteria established.
Nordic strives to create environments is its companies with the “best of both worlds.” We want to make decisions for the long term best interests of the business and for the “right reasons.” Concurrently, we want to interact with and expect all members and the leadership of our companies to hold themselves to high standards of conduct with each other and all publics we deal with.
After much “gnashing of teeth” in decision, company management would have to recommend the exit followed by the respective operating board’s approval. Wide spread announcements along with legally required announcements would be provided along with detailed plans for due diligence in the exit.
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