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News Jul 16, 2018

Acquisition Financing for KLINGEL

Shearman & Sterling advised LBBW, SEB and Siemens Bank on the financing of the acquisition of KLINGEL Medical Metal GmbH, a leading manufacturer of high-precision and complex metal components, by IK Investment Partners’ IK VIII Fund.

KLINGEL is a Pforzheim, Germany-based leading independent contract manufacturer of high-precision, hard-to-machine parts made from titanium and high-grade types of stainless steel with a strategic focus on medical technology industries. The products manufactured by KLINGEL are for a variety of sectors and applications, including orthopedic, cardiovascular and dental implants as well as instruments for endoscopy and robotic surgery.

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