VREP supports growth at logistics company Greiwing with mezzanine

Frank­furt am Main / Greven — The Fran­k­­furt-based invest­ment company VR Equi­typ­art­ner (VREP) is provi­ding the Grei­wing Group with mezza­nine finan­cing. The specia­list for bulk goods and silo logi­stics is using the funds to streng­then its capi­tal base and to finance further growth steps. 

The GREIWING logi­stics Group (Grei­wing), head­quar­te­red in Greven, is one of the leading specia­list logi­stics compa­nies in Germany. The family-owned company offers compre­hen­sive services for the trans­por­ta­tion, storage and hand­ling of free-flowing and bulk goods at over 20 loca­ti­ons nati­on­wide. With around 1,200 employees, Grei­wing has a well-estab­­lished struc­ture and a strong market posi­tion in silo logi­stics. Its custo­mers include renow­ned German and inter­na­tio­nal indus­trial companies. 

Grei­wing has successfully estab­lished itself as a quality provi­der in recent years through conti­nuous invest­ment in modern invest­ment tech­no­logy, digi­tal control systems and sustainable logi­stics solu­ti­ons. The aim of the new finan­cing part­ner­ship is to conti­nue on this growth path and to broa­den the exis­ting capi­tal base in a targe­ted manner. 

Chris­tian Futter­lieb, Mana­ging Direc­tor of VR Equi­typ­art­ner, comm­ents on the transaction:
“We are deligh­ted to be able to support the Grei­wing Group in its corpo­rate growth as a mezza­nine part­ner in the coming years. Grei­wing has successfully posi­tio­ned itself as a Germany-wide reco­gni­zed specia­list for free-flowing and poura­ble goods. Thanks to its flexi­ble struc­ture, mezza­nine capi­tal is curr­ently expe­ri­en­cing a renais­sance in the finan­cing mix — and has also proved to be an ideal solu­tion for Grei­wing to provide opti­mal support for further growth.”

Jürgen Grei­wing, Mana­ging Part­ner of the Grei­wing Group, adds: “We have been working toge­ther with the insti­tu­ti­ons of the coope­ra­tive finan­cial group for many years on a basis of trust, which is why we were deligh­ted to have found a mezza­nine lender with expe­ri­ence in the SME sector within the coope­ra­tive network in VR Equi­typ­art­ner. Mezza­nine finan­cing comple­ments our tradi­tio­nal bank finan­cing and streng­thens our equity side, allo­wing us to imple­ment invest­ment projects flexi­bly. We greatly appre­ciate the part­­ner­­ship-based approach of VR Equitypartner.”

The parties have agreed not to disc­lose details of the contract.

VR Equi­typ­art­ner at a glance

VR Equi­typ­art­ner is one of the leading equity finan­ciers in Germany, Austria and Switz­er­land. The company supports medium-sized family busi­nesses in a goal-orien­­ted manner and with deca­des of expe­ri­ence in the stra­te­gic solu­tion of complex finan­cing issues. Invest­ment oppor­tu­ni­ties include growth and expan­sion finan­cing, corpo­rate succes­sion or share­hol­der chan­ges. VR Equi­typ­art­ner offers majo­rity and mino­rity invest­ments as well as mezza­nine finan­cing. As a subsi­diary of DZ BANK, the central insti­tu­tion of the coope­ra­tive banks in Germany, VR Equi­typ­art­ner consis­t­ently puts the sustaina­bi­lity of corpo­rate deve­lo­p­ment ahead of short-term exit thin­king. VR Equi­typ­art­ner’s port­fo­lio curr­ently compri­ses around 40 commit­ments with an invest­ment volume of EUR 400 million.
— www.vrep.de.

VR Equi­typ­art­ner tran­sac­tion team: Tim Feld, Jens Schöf­fel, Chris­toph Simmes, Jens Osthoff, Dr. Clau­dia Willershausen

Advi­sors VREP: Grant Thornton

Legal: Dr. Mathias Reif, Boris Kröpsky, Jessica Marx
Tax: Dr. Stefan Hahn, Dr. Nico­las Brüg­gen, Julian Tolksdorf
Commer­cial: Stephane Müller, Thomas Nacken
Finan­cial: Tim Gonner­mann, Simone Rees, Dijana Dulovic