Transaction Details

December 15, 2014
Frankfurt

Sector

Industrials and Industrial Technology

Deal Type

Debt advisory

Deal Value

€141m

Deal Team

Dr Johannes Schmittat, Norbert Schmitz, Thorsten Weber, Adrian Nowitzki

Deutsche Beteiligungs AG acquired Huhtamaki Films

GCA Altium acted as exclusive debt adviser to Deutsche Beteiligungs AG (DBAG) on the financing of the management buyout of Huhtamaki Films, a manufacturer and finisher of films.

Huhtamaki Films has so far been a division of Finland-based Huhtamäki Oyj. The Group intends to concentrate on its core business of food packaging and will divest its films business to DBAG-advised DBAG Fund VI and the division’s management.

The financial debt-free purchase price for the company amounts to 141 million euros and will be partially funded by loans from a club of five banks (Commerzbank, DZ Bank, IKB, NIBC and SEB).

GCA Altium provided debt advice to DBAG on all commercial aspects of the financing transaction and secured a competitive financing package in a very timely manner.

Related Transactions

Previous
All transactions