King & Wood Mallesons has advised both CBG Commerz Beteiligungskapital GmbH & Co. KG, a subsidiary of Commerzbank-Konzern, and VR Equitypartner GmbH, a joint subsidiary of WGZ Bank and DZ Bank, on the mezzanine financing of quick-mix Holding GmbH & Co. KG.
quick-mix Holding is part of the Sievert Baustoff group, based in Osnabrück, and is a leading supplier of dry mortar and external thermal insulation composite systems, as well as plaster- and sanitary-systems. The quick-mix group has 23 locations in six countries. With more than 770 employees, the company generated more than EUR 218 Million in total revenue in 2014.
The mezzanine capital granted to quick-mix Holding as part of the financing partially funded the acquisition of a business unit of Schwenk Putztechnik GmbH & Co. KG, Ulm.
The parties have agreed not to disclose details of the transaction.
Team of advisors – KWM Frankfurt
Corporate/ M&A / Private Equity
Julian Lemor (partner), Sandra Link (counsel, both transaction leads), Miriam Gyun-Mie Meixner (associate)
Banking and Finance
Clemens Niedner (partner), Michael Beyer (associate)
IP
Manuela Finger (partner), Miriam Siegle (associate)
Tax
Markus Hill (partner), Sebastian Matenaer (associate)