Hogan Lovells advises LBBW on the refinancing of the Gebhardt-Stahl-Group

Gebhardt-Stahl, a portfolio company of Bencis Capital Partners, develops and manufactures, among other things, steel reinforcement profiles for the PVC window frame industry and air duct systems. The group operates internationally with subsidiaries in Germany, the Netherlands, Poland, and the United Kingdom.

LBBW is a Mittelstand-minded universal bank and a central bank for the savings banks in Baden-Württemberg, Saxony and Rhineland-Palatinate. With total assets of €356 billion and around 10,800 employees, LBBW is one of the largest banks in Germany. Its core activities include business with corporate customers, especially SMEs, and business with private customers and savings banks. It also focuses on real estate and project finance in selected markets, and customer-oriented capital markets business with banks, savings banks and institutional investors.

Hogan Lovells provided comprehensive legal advice to LBBW during the contract negotiations for the refinancing. The team of partners Thomas Freund and Bianca Engelmann regularly advises on the lender side on financing transactions with Bencis as investor and delivers extensive experience in structuring and implementing complex financing solutions.