King & Wood Mallesons has advised ABL Group on the refinancing of its existing financing.

ABL Group’s previous financing was replaced by financing arranged and provided by Baden-Württembergische Bank, thereby creating a framework for the funding of further international expansion.

“The particular challenge in this transaction was finding and implementing a refinancing concept ideally suited to the group’s continued growth strategy”, commented Finance partner Clemens Niedner.

ABL Group is a portfolio company of the two international investors Rubicon Partners and Vision Capital. ABL Group offers a comprehensive portfolio of services throughout the world. In terms of paint stripping, the entire supply chain – from paint stripping management to waste disposal and recovery of valuable materials – is in place. In addition, ABL AIRTEC is responsible for all operations in managing ventilation systems, ensuring that operator obligations and hygiene requirements are fulfilled entirely.

King & Wood Mallesons SJ Berwin has advised ABL Group on this refinancing.

Team:

Financing:

Clemens Niedner (lead partner), Ulf Gosejacob (transaction lead, associate), Michael Beyer (associate) – Frankfurt

Simon Fulbrook (partner), George Murphy (associate) – London

Corporate:

Michael Cziesla (partner), Christian Ostermöller (associate) – Frankfurt

IP/IT-Commercial:

Manuela Finger (partner) – Frankfurt

Tax:

Markus Hill (partner), Matthias Full (associate) – Frankfurt