GCA Altium advises EMERAM Capital Partners on its acquisition of Drahtzug Stein
In order to support the future expansion of the group, the shareholding family aimed for a partner that ensures the group’s market leading position and future successful development. EMERAM was chosen due to its long-term oriented value maximising investment approach, its high degree of operational and strategic experience as well as its excellent network. The owner family will retain a significant stake in Drahtzug Stein after completion of the transaction, which remains subject to antitrust approval.
Following a comprehensive selection process involving several financing options, the transaction was finally structured through a club of savings banks from Southwest Germany. The financing package consists of long-term acquisition facilities as well as a working capital and growth facility.
Korbinian Knoblach, Founding Partner of EMERAM, commented: “Drahtzug Stein is an innovative high-quality supplier with a long tradition and an excellent basis for further growth. We see many attractive prospects in other international markets and in related business segments. As a leading manufacturer of high-quality wire products, the company has a first-class reputation among its customers, which will support our planned expansion of Drahtzug Stein.”
Thorsten Weber, Director at GCA Altium, added: “We are delighted to have acted as the debt adviser for EMERAM and supported the sponsor in identifying a financing solution that fits perfectly to the company and its growth perspectives over the next couple of years. Besides tailor-made financing terms the debt package offers Drahtzug Stein a high degree of flexibility.”