EMERAM, based in Munich, is an independent private equity firm for German-speaking mid-cap companies. The equity capital for this transaction was provided by funds advised by EMERAM Capital Partners to drive the development of companies, drawing upon a fund volume of EUR 350 million. EMERAM focuses on long-term business development partnerships in five industry sectors: consumer goods, retail, industrial goods, business services and healthcare.
Drahtzug Stein is a global leader in the manufacturing of high-quality wire products for home appliances, bath & furniture, agriculture, automotive and medical technology. The long-established company is successfully operating in the market for 75 years and has currently production facilities in Germany, France, Italy, Poland and the US. As a quality leader, Drahtzug Stein has an outstanding market position and is considered a "hidden champion" in the industry.
The Shearman & Sterling team was led by partner Winfried M. Carli and included associate Andreas Breu, as well as transaction specialist Marina Kieweg (all Frankfurt-Finance).