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

News Aug 14, 2018

BayernLB’s Financing of the Acquisition of ChainMaster

Shearman & Sterling advised a consortium of banks led by Bayerische Landesbank on the financing of the acquisition of ChainMaster Bühnentechnik GmbH by LIFTKET Hoffmann GmbH, a portfolio company of AFINUM as part of a succession regulation. With the acquisition, LIFTKET plans to grow the stage segment, strengthening both companies.

ChainMaster Bühnentechnik GmbH, headquartered in Eilenburg near Leipzig, Germany, is one of the world’s leading manufacturers of lifting equipment in the events and entertainment industry. The event and stage technology specialist develops automated hoist systems including control, software and operator interfaces.

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