Gleiss Lutz has advised a banking consortium led by DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, together with five other commercial, land and saving banks, on the refinancing of Weinmann Aach Group (“Weinmann Aach”).
As part of the transaction, the banking consortium provided an updated syndicated financing structure to support Weinmann Aach’s continued business development and strategic growth.
Headquartered in Dornstetten, Baden-Württemberg, Weinmann Aach is a family-owned metal trading company established in 1950. The company specialises in trading steel, stainless steel, aluminium and non-ferrous metals and employs around 400 people at its sites in Dornstetten, Schwäbisch Gmünd and Souffelweyersheim, France, as well as at several sales offices.
The following Gleiss Lutz team advised the banking consortium: Frank Schlobach (partner), Dr. Katja Lehr (counsel, both lead), Antonia Thomsen (all Banking & Finance), Dr. Ocka Stumm (partner) and Dr. Dominik Monz (counsel, both Tax, all Frankfurt).
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