Linklaters provided the SHW Holding L.P. with legal advice regarding the private placement of approx. 3,4 million shares belonging to the SHW AG. The shares which were equivalent to the complete shareholdings belonging to the SHW Holding L.P. to the amount of 58,3% of the share capital of the SHG AG, were placed each at 39 Euro towards institutional investors. The revenue amounted to approx. 136 million Euro. The placement was conducted by the Deutsche Bank and Commerzbank as Joint Bookrunners using an accelerated Bookbuilding Procedure.
The SHW Holding possesses various investment funds (Nordwind Capital Erste Industriebeteiligungen GmbH). The SHW AG is one of the leading automobile suppliers in the area of pumps, engine components and braking discs.
Linklaters advised under the lead management of Dr. Herbert Harrer. Further team members were Dr. Marco G. Carbonare, Dr. Claus Mößle, Dr. Alexander Fritzsche as well as Charles Eypper (all Capital Markets, Frankfurt).