Shearman & Sterling advised Landesbank Baden-Württemberg and Norddeutsche Landesbank on the financing of Findos Investor’s acquisition of the Rameder Group. The investment company Riverside was one of the sellers. Although the transaction has already been executed, the parties have agreed not to disclose the purchase price and the financing volume.
The Rameder Group specializes in the sale of tow bars and electronic kits for passenger cars and vans. Findos Investor is an independent private equity fund focusing on medium-sized companies, with exclusively prestigious German family-owned companies as investors.
The Shearman & Sterling team, led by partner Winfried M. Carli, included counsel Matthias Weissinger and associate Andreas Breu (all Frankfurt-Finance). The firm regularly advises lenders or private equity investors on company acquisitions in the German market.