Afinum’s Acquisition Financing Of SanderStrothmann GmbH and Compes Cosmetic

Ashurst advised a consortium of banks led by Bayerische Landesbank, Crédit Suisse and Deutsche Bank on the financing of the acquisition of SanderStrothmann GmbH and Compes Cosmetic group by Afinum.

Founded in 2000, SanderStrothmann GmbH with headquarters in Georgsmarienhütte in Lower Saxony, Germany, is active in the development of innovative products in the segments cosmetics, biocides and medical products. Compes Cosmetic GmbH & Co. KG is also based in Georgsmarienhütte. The company was founded in 2004 and offers concept and product development in the cosmetics segment.

Afinum Management GmbH is an independent private equity firm with offices in Munich, Zurich and Hong Kong. It specialises in taking stakes in successful mid-market companies in the German-speaking countries.

The Ashurst team was led by partner Dr Matthias Weissinger (Picture). He was assisted by associate Dr Ralf Stenger and transaction lawyer Ariana Fazlic (all Global Loans).

Involved fees earner: Ralf Stenger – Ashurst; Matthias Weissinger – Ashurst;

Law Firms: Ashurst;

Clients: Bayerische Landesbank; Credit Suisse; Deutsche Bank;