Mayer Brown advises on club financing of the acquisition of ROVEMA group
29 June 2015
Leading global law firm Mayer Brown advised a bank consortium led by NORD/LB and comprising Bayerische Landesbank, Bremer Kreditbank and Nord/LB on the financing of the acquisition by Equita GmbH & Co. Holding KGaA and Equita GmbH & Co. CoVest KGaA of German ROVEMA group. Equita is now majority shareholder of the company.
Located in Bad Homburg, Equita is an investment company beloging to the Harald Quandt group. Currently the investor is shareholder of 10 companies.
ROVEMA is a leading international supplier for flexible packaging machinery and facilities. The company has around 450 employees in 13 branches. In Germany ROVEMA is located in Fernwald, further locations are in the USA, England, Italy, Belgium, Spain, Turkey, the Philippines, Panama and Russia. Operational business activities remain with the current management.
The Mayer Brown team included partner Markus Strelow (lead), counsel Alexa Metzger (both Banking & Finance, Frankfurt), senior associate Konstantin von Werder (IP, Frankfurt) as well as associates Marc Bäumer and Sarah Frank (both Banking & Finance, Frankfurt).