AUCTUS acquires recycling specialist Blasius Schuster Group
Munich — McDermott Will & Schulte has advised Oldenburgische Landesbank Aktiengesellschaft (OLB) as sole lead arranger on the financing of the acquisition of the Blasius Schuster Group by AUCTUS Capital Partners. As part of this platform investment, AUCTUS and Blasius Schuster are founding the Urban Mining Group, a nationwide platform for recycled building materials, and are thus driving the further development of the group.
The Blasius Schuster Group is an integrated service provider in the field of urban mining, specializing in the disposal and recycling of mineral raw materials.
AUCTUS is a leading investment company for European SMEs and a market leader in the implementation of buy-and-build strategies in the DACH region.
OLB is a universal bank with 80 branches nationwide and around 1,700 employees. Under the OLB and Bankhaus Neelmeyer brands, OLB serves nearly one million customers.
McDermott Will & Schulte has already advised OLB on several financing transactions.
Advisor to Oldenburgische Landesbank AG: McDermott Will & Schulte, Munich
Ludwig Zesch (Finance, lead), Dr. Thomas Diekmann, photo © MWS (Private Equity), Dr. Maximilian Meyer (Counsel, Tax Law, Frankfurt); Associates: Tim Becker, Alina Dietrich (both Finance)