Noerr advises credit consortium on financing of acquisition of DETAX Group by funds managed by ECM, PINOVA and Gilde Healthcare

A Noerr team headed by Michael Schuhmacher and Torsten Wehrhahn has advised a lending syndicate led by Kreissparkasse Biberach, Sparkasse Karlsruhe and Volksbank eG – Die Gestalterbank in connection with funding the acquisition of a majority stake in the DETAX Group by funds managed by ECM Equity Capital Management GmbH, PINOVA Capital GmbH and Gilde Healthcare Partners B.V.

DETAX has positioned itself in the market as a specialist in biocompatible silicones and UV-curing plastics for medical applications and 3D printing. It is one of the world’s leading manufacturers of dental and otoplastic consumables. The company, founded back in 1954, sells its products primarily in Germany, the US, the Netherlands, France, Spain and China.

Noerr's Finance team regularly advises Kreissparkasse Biberach and Volksbank eG - Die Gestalterbank on acquisition financing.

Advisors to the lending syndicate: Noerr Partnerschaftsgesellschaft mbB

Lead: Michael Schuhmacher, Torsten Wehrhahn (Banking & Finance, Frankfurt)

Banking & Finance
Pinar Turkac-Christmann, Maria Bozhenova (Frankfurt)

Corporate/M&A
Andrea Zwarg (Frankfurt)

Real Estate
Christoph Hons (Frankfurt)

Restructuring & Insolvency
Andrea Braun (Frankfurt)

Data Protection/Digital Business
Julian Monschke (Frankfurt)