Allen & Overy LLP has advised Sartorius AG, a leading laboratory and biopharmaceutical equipment provider based in Göttingen, on a EUR 400 million long-term syndicated loan with a term of five years. The loan agreement with an international syndicate of banks led by BNP Paribas, Commerzbank AG and LBBW was signed on 17 December 2014.

Based on this transaction, Sartorius is consolidating the financing within the Group, thereby giving leeway for taking further strategic measures and enabling the Group to invest flexibly in its various business areas.

The Allen & Overy team comprised partner Thomas Neubaum, counsel Bianca Engelmann und associate Dr. Alexander Schilling (all banking and finance, Frankfurt).

Sartorius AG was advised in-house by Jens Michael Artelt (head of the Group Legal Department) and Karsten Frädrich.