Clifford Chance has advised Raiffeisen Bank International AG (RBI) and SEB AG on its acquisition of Losberger Group by funds advised by Gilde Buy Out Partners. The sellers are funds operated by the private equity investor H.I.G. Capital. The parties have agreed not to disclose the purchase price. The loans signed by RBI and SEB will be syndicated to other lenders as part of the completion of the acquisition. The transaction is subject to clearance by the relevant antitrust authorities.

Losberger Group, based in Bad Rappenau, Germany, specialises in manufacturing and leasing modular room systems. The company employs more than 800 people across its five production sites and 14 offices.

Gilde Buy Out Partners is a leading European private equity investor focusing on medium-sized transactions. Gilde manages assets worth more than EUR 3 billion and has offices in Zurich, Frankfurt, Utrecht and Brussels.

The Clifford Chance team was led by partner Thomas Weitkamp (Munich) and comprised senior associate Rafael Lamlé (Frankfurt) and associate Johann Melchior Raiser (Munich, all Banking & Capital Markets) as well as partner Dr. Kerstin Kopp (Corporate/Private Equity, Frankfurt).