Clearwater International advises Deutsche Invest Mittelstand’s portfolio company Aerumtec on raising debt facilities in tandem with its carve out from Leoni AG

Clearwater International has advised DI Mittelstand‘s newly acquired portfolio company Aerumtec on raising ABL facilities for the UK entity that was part of the wider carve out from Leoni AG's Wire Product & Solutions Business Group (BG PS). ABL facilities were comprised of a CID line, plant and equipment facility, and cash flow loan.

BG PS, now under the new brand Aerumtec, is a leading specialist manufacturer of copper-based products and solutions. Its products are customised to individual customer requirements and are installed within a wide range of industries, including aviation, renewables, and industrial applications.

Headquartered in Germany, Aerumtec has production facilities in Germany, the UK, and China, employing over 500 people globally.

portfolio company

raised debt finance from

Refinancing

Undisclosed
Clearwater Rådgivere
Adviser to Deutsche Invest Mittelstand’s portfolio company Aerumtec on raising debt facilities in tandem with its carve out from Leoni AG
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Aerumtec is renowned for its best-in-class products and metallurgical know-how. Its end markets will benefit from long-term growth trends that offer significant potential. Macroeconomic developments such as the shift to e-mobility and the expansion of renewable energies further underpin its unique positioning and long-term growth potential.

Henrik Munte, Managing Director, DI Mittelstand

We look forward to this exciting next step as an independent company under the leadership of Deutsche Invest. On this basis, we intend to build our position as market leader and expand our market share. Key to our success are our employees, with their know-how, motivation and ingenuity, and we look forward to developing this company together with them.

Dr. Harald Wieland, CEO, Aerumtec

Leoni intends to consolidate its leading position in wiring systems and automotive cables. Against this background, Leoni is no longer the best owner to realise the full business potential of BG PS. Deutsche Invest's stated objective is to further develop the business of BG PS, and we wish the new leadership much success in further developing this business and driving its future growth.

Gerd Schuster, Head Strategy and M&A, Leoni AG

Very pleased to have worked with the team to secure debt facilities for the UK business, whilst our Partner in China raised debt facilities for the Chinese business. We were able to work with our client throughout the transaction process to understand their requirements and source a funding package which aligned to their strategy and worked within the restrictions of a complex carve out from a listed business. We’re looking forward to seeing what’s to come and would like to wish the team all the best.

Simon Chambers, Partner, Clearwater International

Clearwater Rådgivere

Simon Chambers
Simon Chambers Partner

+44 792 081 2231 Email
Hertej Rattan
Hertej Rattan Director

+44 845 052 0369 Email
David Grassby
David Grassby Director

+44 845 241 5238 Email
Kieran Virr
Kieran Virr Associate Director

+44 845 241 5404 Email
Tom Wood
Tom Wood Associate

+44 7442 635 415 Email

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Clearwater International advises Deutsche Invest Mittelstand’s portfolio company Aerumtec on raising debt facilities in tandem with its carve out from Leoni AG

Clearwater Rådgivere

Simon Chambers

Hertej Rattan

David Grassby

Kieran Virr

Tom Wood