Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News Dec 06, 2017

Acquisition Financing of Prefabricated Home Manufacturers by Equistone

Shearman & Sterling advised UniCredit and RBI on the financing of the acquisition of the prefabricated home manufacturers Bien-Zenker and Hanse Haus by Equistone. Both companies are sold by Munich-based industrial holding company ADCURAM Group AG.

Bien-Zenker and Hanse Haus design, manufacture, sell and build prefabricated homes in Germany, Switzerland and the United Kingdom. The companies’ three renowned brands - Bien-Zenker, Living Haus and Hanse Haus - are united by their commitment to delivering the highest quality service, offering customers bespoke home-building programs ranging from “entry level” products, which include self-build options, to more luxurious residences.

Equistone is one of the leading private equity investors in Europe and one of the most active in the German mid-cap market. 

The Shearman & Sterling team was led by partner Winfried M. Carli and included counsel Matthias Weissinger (both Frankfurt-Finance) and Anders Kraft, as well as associate Astrid Mayer (both Frankfurt-Tax).