ABL-TECHNIC acquires Industriebedarf GmbH
Frankfurt a.M. — McDermott Will & Emery has advised ABL-TECHNIC Entlackung GmbH and the investment company behind it, Rubicon Partners, on the acquisition of Industriebedarf GmbH as part of an asset deal.
Industriebedarf GmbH, founded in 1979 and based in Sulz am Neckar, is a medium-sized company for environmentally friendly paint stripping with over 30 employees. Customers include companies from the automotive industry, their suppliers and other companies from all areas of surface technology.
The ABL Group — with ABL-TECHNIC Entlackung GmbH as the operating parent company — is a specialist service provider for industrial paint stripping and offers a broad portfolio of services ranging from paint stripping management to disposal and recovery of recyclable materials. The company has 23 locations in 14 countries. The ABL Group has been part of the Rubicon Partners portfolio since 2011.
The McDermott team most recently advised ABL Group and the investment company behind it, Rubicon Partners, on the successful completion of the refinancing of existing financial debt (combined with a growth financing component).
Advisors to ABL-TECHNIC Entlackung GmbH/ Rubicon Partners: McDermott Will & Emery, Frankfurt
Dr. Michael Cziesla, Photo (Lead, Corporate/M&A/Private Equity), Dr. Maximilian Clostermeyer (Real Estate), Dr. Christian Rolf (Labor Law); Associates: Isabelle Müller, Tobias Riemenschneider (both Corporate/M&A/Private Equity), Elena Platte, LL.M. (real estate law)