Shearman & Sterling advised NATIONAL-BANK AG and Oldenburgische Landesbank Aktiengesellschaft (OLB) on the financing of the acquisition of the BUK Group by Steadfast Capital.
The BUK Group comprises BUK Kunststofftechnik GmbH and EMG GmbH, both based in Eppingen (Baden-Württemberg, Germany), UHB Kunststofftechnik GmbH, based in Bohmte (Lower Saxony, Germany), as well as the toolmaking department of the group.
BUK is a manufacturer of high-precision and complex injection moulding parts for customers in diverse sectors.In addition to the parts department, BUK maintains its own toolmaking department and offers its customers extensive installation services. Together with Thorsten Ulbrich, which continues to hold a stake in the group, Steadfast Capital will pursue BUK’s further expansion as well as supporting the ongoing strategic development of the company and its employees.
NATIONAL-BANK is one of the leading independent private regional banks in Germany for discerning private and corporate customers, as well as for medium-sized institutional investors.
OLB is a modern financial group which, in addition to private and corporate customer business as its core area, also offers nationwide tailor-made solutions from a single source for complex financial issues. It is the leading arranger in the German-speaking LBO market.