Clifford Chance advised GEKA group on the refinancing of their existing credit facilities. Bayerische Landesbank, Commerzbank Aktiengesellschaft, Landesbank Baden-Württemberg, SEB AG and The Governor and Company of the Bank of Ireland are providing EUR 95 million of new facilities to GEKA.
GEKA GmbH, headquartered in Bechhofen-Waizendorf (Germany), is a globally leading manufacturer of brushes, applicators and full packaging systems for the cosmetics and pharmaceuticals industries. The group is a portfolio company of financial investor 3i Group plc and has recently expanded to Brazil.
The Clifford Chance team was led by partner Barbara Mayer-Trautmann (Munich) and comprised senior associate Matthias Töke (Frankfurt) and associate Johann Melchior Raiser (Munich) – all Banking & Capital Markets.
Clifford Chance already advised GEKA in summer 2015 on the aquisition and the financing of OEKA Oelhorn GmbH as well as 3i in 2012 on the aquisition and the financing of GEKA.