Clifford Chance advised a bank syndicate led by HSH Nordbank AG as lenders on the refinancing of Deutsche Beteiligungs AG's purchase of a majority stake in Cleanpart Group. This involved the financing via a date credit line as well as a revolving working capital line. It was agreed not to disclose the volume of the refinancing.

Cleanpart Group belongs to the leading B2B providers for the semiconductor industry and related IT-industries with core competencies in chemical and surface engineering, coating as well as mechanical and process engineering. DBAG had acquired the majority stake in Cleanpart Group in March 2015.

The Clifford Chance team was led by partner Thomas Weitkamp (Munich) and comprised senior asscociate Matthias Töke und associate Christoph Nensa (both Frankfurt, all Banking & Capital Markets) as well as partner Dr. Kerstin Kopp (Corporate) and partner Thorsten Sauerhering (Tax), both Frankfurt. From Clifford Chance's New York office, Counsel Daniel Winick und Associate Katherine Ward (both Banking & Finance) worked on the transaction.