Equistone’s Acquisition of Bien-Zenker and Hanse Haus

Shearman & Sterling advised UniCredit and RBI on the financing of the acquisition of the prefabricated home manufacturers Bien-Zenker and Hanse Haus by Equistone.

Both companies are sold by Munich-based industrial holding company ADCURAM Group AG.

Bien-Zenker and Hanse Haus design, manufacture, sell and build prefabricated homes in Germany, Switzerland and the United Kingdom. The companies’ three renowned brands – Bien-Zenker, Living Haus and Hanse Haus – are united by their commitment to delivering the highest quality service, offering customers bespoke home-building programs ranging from “entry level” products, which include self-build options, to more luxurious residences.

Equistone is one of the leading private equity investors in Europe and one of the most active in the German mid-cap market.

The Shearman & Sterling team was led by partner Winfried M. Carli (Picture) and included counsel Matthias Weissinger (both Frankfurt-Finance) and Anders Kraft, as well as associate Astrid Mayer (both Frankfurt-Tax).

Involved fees earner: Winfried Carli – Shearman & Sterling; Matthias Weissinger – Shearman & Sterling; Anders Kraft – Shearman & Sterling; Astrid Mayer – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: UniCredit Bank AG; Raiffeisen Bank;