Heuking Kühn Lüer Wojtek again advises Janoschka Group on corporate financing
With a team led by Frankfurt-based partner Dr. Günther M. Bredow, Heuking Kühn Lüer Wojtek advised Janoschka Group on restructuring and expanding its corporate financing.
A consortium consisting of IKB Deutsche Industriebank AG, Norddeutsche Landesbank Girozentrale, Baden-Württembergische Bank, and Sparkasse Offenburg/Ortenau provide a total of EUR 35 million for working capital needs and additional investments, some of which are refinanced from KfW funds.
With some 1,400 employees, internationally operating Janoschka Group, headquartered in Kippenheim, Baden-Württemberg, is one of Europe’s largest full-service providers for customized products and services in the packaging industry and one of the world’s leading companies in the prepress sector. Services include engraving and laser engraving, etching, repro and graphic services, as well as flexo and offset printing. Janoschka is represented worldwide with 24 offices in 14 countries, including France, Spain, Switzerland, Poland, Portugal, Turkey, Russia, Malaysia, the Philippines, Vietnam, Argentina, and Mexico.
IKB Deutsche Industriebank AG supports medium-sized companies in Germany and Europe with loans, risk management, capital market and advisory services.
Heuking Kühn Lüer Wojtek had already advised Janoschka Group three years ago at its corporate financing and last fall when a financial investor joined the group and it changed its legal form from GmbH & Co. KG to a stock corporation. In the current transaction, Heuking Kühn Lüer Wojtek comprehensively advised on drafting, negotiating, and implementing the financing agreements.
Counsel to Janoschka Group:
Heuking Kühn Lüer Wojtek
Dr. Günther M. Bredow, LL.M. (Lead)
Michael Neises
Finn-Michael Liebscher (all Corporate Finance), all Frankfurt
In-house
Fabian Naudascher (Executive Board Member / CFO)