EMERAM’s Acquisition Financing for Drahtzug Stein Holding

Shearman & Sterling advised EMERAM Capital Partners GmbH (“EMERAM”) on the financing of the acquisition of Drahtzug Stein Holding GmbH & Co. KG (“Drahtzug Stein”) by funds managed by EMERAM.

Together with the owner family, EMERAM’s funds are investing in Drahtzug Stein to strengthen the company’s future growth. Closing of the transaction is subject to merger clearance.

EMERAM, based in Munich, is an independent private equity firm for German-speaking mid-cap companies. The equity capital for this transaction was provided by funds advised by EMERAM Capital Partners to drive the development of companies, drawing upon a fund volume of EUR 350 million. EMERAM focuses on long-term business development partnerships in five industry sectors: consumer goods, retail, industrial goods, business services and healthcare.

Drahtzug Stein is a global leader in the manufacturing of high-quality wire products for home appliances, bath & furniture, agriculture, automotive and medical technology. The long-established company is successfully operating in the market for 75 years and has currently production facilities in Germany, France, Italy, Poland and the US. As a quality leader, Drahtzug Stein has an outstanding market position and is considered a “hidden champion” in the industry.

The Shearman & Sterling team was led by partner Winfried M. Carli (Picture) and included associate Andreas Breu, as well as transaction specialist Marina Kieweg (all Frankfurt-Finance).

Involved fees earner: Winfried Carli – Shearman & Sterling; Andreas Breu – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: EMERAM Capital Partners GmbH;