Ashurst advised Commerzbank, Landesbank Baden-Württemberg, Bayerische Landesbank and Raiffeisenlandesbank Oberösterreich on financing the acquisition of BFC Fahrzeugteile GmbH (BFC) by funds advised by Triton. BFC is one of the global market leading suppliers of metal-based clamping profiles for the automotive industry and a technology leader in its field. The company operates manufacturing sites in Germany, China, Turkey and the US. The Triton funds acquired BFC from ii invest Holding GmbH and Daisho GmbH. The parties agreed not to disclose the purchase price and financing volume of the transaction.

The international Ashurst team was led by finance partner Dr Bernd Egbers and counsel Christiane Bestgen, assisted by counsel Dr Karsten Raupach, associate Dr Ralf Stenger and paralegal Ena Selimbegovic (all finance). Partner Holger H. Ebersberger (all Munich) advised on corporate law, partner Dr Martin Bünning and associate Carina Park (Frankfurt) on tax law. Partner Isabelle Lentz and senior associate Paul Witte (Luxembourg Desk, London), partner Patrick Phua and associate Mavis Huang (finance, Shanghai) as well as partner Michael Neary and associate Misha Daha (finance, New York) also advised.

Ashurst's German banking and finance practice advises both banks and alternative lenders, private equity firms and companies on domestic and cross-border acquisition, real estate, asset and infrastructure / project finance as well as on financial restructuring and corporate lendings.

The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors.