02-23-2024News

HEUKING advises shareholders on syndicated loan raised by Fritz Winter Eisengießerei GmbH & Co. KG

A Munich-based team led by HEUKING Partner Dr. Arnold Büssemaker legally advised the shareholders of Fritz Winter Eisengießerei GmbH & Co. KG on securing a syndicated loan for the company. The syndicated loan is pivotal to the most ambitious investment program in Fritz Winter Eisengießerei GmbH & Co. KG’s history, aimed at implementing the company’s future concept with a transaction volume of about EUR 300 million. The advice was conducted in close coordination with the management of Fritz Winter Eisengießerei GmbH & Co. KG, in particular its CFO Jörg Müller, alongside Falkensteg GmbH and law firm Mayer Brown LLP. The transaction was closed on February 16, 2024.

Fritz Winter Eisengießerei GmbH & Co. KG, Stadtallendorf (Hesse), is Europe’s leading independent foundry, employing over 3,000 individuals worldwide. The family-owned company’s product range includes more than 650 prefabricated components and complex system components, which are supplied to renowned companies in the automotive, commercial vehicle, and hydraulics industries across the globe. Its future concept includes a commitment to decarbonization, targeting carbon neutrality by 2045, and investing in sustainable iron casting technologies.

Counsel to shareholders of Fritz Winter Eisengießerei GmbH & Co. KG
HEUKING:
Dr. Arnold Büssemaker, Licencié en droit (Lead, Corporate Finance),
Dr. Frank Metz, (Corporate),
Dr. Alexander Weiss (Corporate), all Munich