Uhingen/ Munich — Shear­man & Ster­ling advi­sed Allgaier Group on finan­cing law in connec­tion with the trans­fer of a majo­rity stake to West­ron Group and a compre­hen­sive restruc­tu­ring of its finan­cial liabilities.

With this tran­sac­tion, the Hundt family of share­hol­ders and Allgaier Werke GmbH trans­fer 88.9 percent of their busi­ness shares to the West­ron Group. In connec­tion with the tran­sac­tion, the West­ron Group contri­bu­ted addi­tio­nal equity to Allgaier Werke GmbH, thus streng­thening the finan­cial stabi­lity of the Allgaier Group.

The Allgaier Group is a system supplier for the inter­na­tio­nal auto­mo­tive indus­try as well as a deve­lo­per of stan­dar­di­zed and indi­vi­dual solu­ti­ons for the process engi­nee­ring indus­try based in Uhin­gen, Baden-Würt­tem­berg. The company employs 1,700 people.

West­ron Group is an indus­trial company whose invest­ment divi­sion focu­ses on the auto­mo­tive and tech­no­logy sectors.

The team led by part­ner Winfried M. Carli last advi­sed Allgaier Group 2021 on a compre­hen­sive restructuring.

Advi­sors to Allgaier Group: Shear­man & Sterling
The Shear­man & Ster­ling team included part­ner Winfried M. Carli and asso­ciate Nils Holzg­refe (both Munich Finance).

About Shear­man & Sterling

Shear­man & Ster­ling is an inter­na­tio­nal law firm with 25 offices in 13 count­ries and appro­xi­m­ately 850 lawy­ers. In Germany, Shear­man & Ster­ling has offices in Frank­furt and Munich. The firm is one of the inter­na­tio­nal market leaders in advi­sing on complex cross-border tran­sac­tions. World­wide, Shear­man & Ster­ling prima­rily advi­ses inter­na­tio­nal corpo­ra­ti­ons and large natio­nal compa­nies, finan­cial insti­tu­ti­ons, and large mid-sized compa­nies. www.shearman.com.