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Bencis Capital acquires HALEX Holding from H2 Equity Partners

16. March 2018

Frank­furt am Main / Munich — Allen & Overy LLP has advi­sed private equity inves­tor Bencis Capi­tal Part­ners (“Bencis”) on the acqui­si­tion of HALEX Holding GmbH (“Halex”) from H2 Equity Part­ners.

Halex, based in Alden­ho­ven, North Rhine-West­­pha­­lia, is one of Europe’s leading manu­fac­tu­rers of extru­sion dies and service provi­ders for heat treat­ment with its two busi­ness units Halex Extru­sion Dies and Härtha Harde­ning Indus­tries. The company opera­tes twelve sites in Germany, Italy, the Nether­lands and Roma­nia and employs around 460 people.

Bencis is a private equity firm that invests in success­ful mid-sized compa­nies prima­rily in the Bene­lux and Germany.

The Allen & Overy team advi­sed on all M&A legal issues in this tran­sac­tion as well as on the complex finan­cing struc­ture of the tran­sac­tion, consis­ting of a unitran­che finan­cing in the form of notes provi­ded by Muzi­nich & Co., Idin­vest Part­ners and CVC Credit Part­ners and a revol­ving credit faci­lity gran­ted by ABN AMRO.

The team was led by Munich part­ner Dr. Alex­an­der Veith with support from senior asso­ciate Dr. Daniel Epe and asso­ciate Tobias Hugo (all Corporate/M&A, Munich).

The finan­cing of the tran­sac­tion was advi­sed by Part­ner Thomas Neubaum (Banking and Finance), Part­ner Dr. Stefan Henkel­mann (Inter­na­tio­nal Capi­tal Markets), Coun­sel Jens Noll­mann (Inter­na­tio­nal Capi­tal Markets) and Bianca Engel­mann, Senior Asso­cia­tes Elke Funken-Hötzel and David Schmidt, Asso­ciate Louisa Drew­niok and Tran­sac­tion Support Lawyer Anasta­­siya-Evan­­ge­­lina Gordi­enko (all Banking and Finance, Frankfurt).

Further­more, the part­ners Dr. Asmus Mihm (Tax Law, Frank­furt), Dr. Börries Ahrens (Anti­trust Law, Hamburg), Coun­sel Dr. Chris­tian Hilmes (Real Estate, Hamburg), the Senior Asso­cia­tes Peter Seidel and Dr. Domi­nic Paschke (both Tax Law, Frank­furt) as well as the Asso­cia­tes Heiner Meck­len­burg (Anti­trust Law, Hamburg) and Dr. Wolf­gang Wittek (Labor Law, Hamburg) provi­ded advice.

Notes to the Editor:
www.allenovery.de

Allen & Overy is an inter­na­tio­nal law firm with appro­xi­mately 5,400 employees, inclu­ding appro­xi­mately 550 part­ners, in 44 offices worldwide.

Allen & Overy is repre­sen­ted in Germany at its offices in Düssel­dorf, Frank­furt am Main, Hamburg and Munich with appro­xi­mately 220 lawy­ers, inclu­ding 50 part­ners. The lawy­ers advise leading natio­nal and inter­na­tio­nal compa­nies prima­rily in the areas of banking, finance and capi­tal markets law, corpo­rate law and M&A, tax law as well as other areas of busi­ness law.

This press release is issued by Allen & Overy LLP. In this press release, “Allen & Overy” refers to “Allen & Overy LLP or its affi­lia­tes.” The named part­ners are either share­hol­ders, advi­sors or employees of Allen & Overy LLP and/or its affiliates.

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