Frankfurt a.M. — McDermott Will & Emery advised ELF Capital Group on a unitranche financing for Berlin-based cleantech company ABIONIK. ELF Capital provides ABIONIK with a medium- to long-term financing volume of more than 20 million euros to replace the previous bank financing and for further growth.
ABIONIK is a pioneer in the environmental technology industry with nearly 30 years of experience in water and air treatment. The product portfolio with the brands Martin Systems, Likusta and Steinhardt is used in municipal as well as industrial and maritime environments. The group has sites in Germany, China and India with approximately 200 employees and generates 35 million euros in sales (2020).
ELF Capital Group specializes in flexible financing solutions for medium-sized companies, primarily in Germany, Austria and Switzerland as well as Northwest Europe. Target investments for companies range from €10 million to €40 million, with a focus on capital solutions for companies with solid and profitable business models, leading market positioning and good growth prospects.
Advisors to ELF Capital Group: McDermott Will & Emery, Frankfurt
Dr. Oliver Hahnelt, LL.M. (Lead), Dr. Nikolas Koutsós (Counsel; both Financing), Nina Siewert (Tax), Tobias Riemenschneider (Associate, Corporate), Ardalan Zargari (Paralegal, Financing)