October 1, 2013
Industrials and Industrial Technology
Debt advisory, Refinancing, Restructuring
Dr Johannes Schmittat, Gerd Bieding, Nikolaus Clary
Refinancing of Zarges Tubesca Group. GCA Altium acted as financial adviser to Zarges Tubesca, managed the refinancing discussions with the involved parties and advised on all commercial aspects of the transaction.
Zarges Tubesca is a leading European player for aluminium-based products including access technology (ladders, steps, scaffolding) and logistics equipment (boxes, containers, baskets, trolleys) as well as maintenance platforms for the transportation and wind power sectors.
Due to the expiration of credit lines in November 2013, the company aimed at refinancing its capital structure in order to be prepared for successful future operational development including the implementation of sales boost initiatives and a more focused brand strategy.