Wirtschaftskanzlei Heuking Kühn Lüer Wojtek | Rechtsanwälte, Steuerberater und Notare
06-20-2013

Peine GmbH issues corporate bond with Heuking Kühn Lüer Wojtek




With a team led by Dr. Thorsten Kuthe and Madeleine Zipperle, capital market law experts at the Cologne office, Heuking Kühn Lüer Wojtek legally advised Wilhelmshaven-based PEINE GmbH on issuing the Barutti Masterhand bond at a value of EUR 15 million.
 
PEINE GmbH, headquartered in Wilhelmshaven, is one of the leading European specialists for men's clothing in the medium to high price segment. Formed from clothing enterprise BAWI, founded in Wilhelmshaven in 1948, PEINE has been a firm component of the German men's clothing market for more than 50 years. With the two brands Barutti and Masterhand, the owner-led traditional enterprise is offering men's outfits both for spare time and for the workplace, as well as for weddings and festive events. PEINE GmbH thus serves both a volume market and a promising niche with only few competitors as well as large international growth potential. At an export rate of 50 percent, the enterprise sells its products worldwide in about 40 countries to almost 1,500 customers, including fashion retailers such as Peek & Cloppenburg, Hirmer, Breuninger or Leffers. In fiscal 2012, PEINE GmbH with 89 employees generated revenue of EUR 23,678,000.
 
The Barutti Masterhand bond will be included in and traded on the mid-size class segment Bondm of Stuttgart Stock Exchange. The subscription period will begin on June 24, 2013 and end on July 3, 2013.
 
Counsel to Peine GmbH
Heuking Kühn Lüer Wojtek, Cologne:

Dr. Thorsten Kuthe,
Madeleine Zipperle,
Kristian Franz (all Capital Market Law).
Dominik Eickemeier,
Dr. Ruben A. Hofmann (both IP and Distribution Law).
Heuking Kühn Lüer Wojtek, Düsseldorf:
Marion Sangen-Emden (Tax Law)

Contacts

further news which may be of interest to you

Diese Seite verwendet Cookies. Erfahren Sie in unserer Datenschutzerklärung mehr darüber, wie wir Cookies einsetzen und wie Sie Ihre Einstellungen ändern können. OK