Refinancing of Poppe + Potthoff Group existing debt obligations
With a Frankfurt-based team led by partner Thomas K. Schrell, the business law firm of Heuking Kühn Lüer Wojtek advised Poppe + Potthoff Group on refinancing its external debt obligations. The financing volume was not disclosed.
Heuking Kühn Lüer Wojtek comprehensively supported Poppe + Potthoff Group from preparing, structuring, and negotiating the consortium financing up to the disbursement of funds.
Poppe + Potthoff Group's product range includes precision steel tubes as well as common rails and high pressure injection lines. In addition, the group develops and manufactures precision components and couplings as well as special machinery and test stands for high-pressure technology. Corporate customers include OEMs and Tier 1 suppliers to the automotive and commercial vehicle, shipbuilding, and many other industrial sectors. The group, headquartered in Werther, Westphalia, is an independent family-owned business with 1,500 employees. With subsidiaries and long-term partners, Poppe + Potthoff is operating in over 50 countries.
Counsel to Poppe + Potthoff Group
Heuking Kühn Lüer Wojtek:
Thomas K. Schrell, LL.M.