Ashurst is advising the lending banks in relation to the change of control regarding the existing financing facilities of the Kraft & Bauer Group

Ashurst has advised the financing banks on the legal aspects of a change of control in connection with the existing financing of the Kraft & Bauer Group. Syngroh Capital GmbH acquired the Kraft & Bauer Group from Deutsche Beteiligungs AG.

Fire protection specialist Kraft & Bauer develops, manufactures and installs fire protection systems for around 800 different types of machine tools and is one of the leading providers in this market. Kraft & Bauer’s systems are used primarily in high-performance milling, turning and grinding machines with an increased fire risk.

The Ashurst team was led by partner Anne Grewlich and counsel Judit Körmöczi, supported by Marie-Theres Recifo (Senior Associate) and Ena Kartal (Senior Transaction Lawyer).