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A&O Shearman represents financing providers on Lone Star Funds’ acquisition agreement with ContiTech

A&O Shearman represents financing providers on Lone Star Funds’ acquisition agreement with ContiTech
A&O Shearman has advised the financing providers in connection with the acquisition financing for Lone Star Funds' agreement to acquire ContiTech, the Material Solutions Group of Continental AG.

An affiliate of Lone Star Fund XIII, L.P. has entered into a definitive agreement to acquire ContiTech, one of the world’s leading providers of mission-critical engineered rubber, thermoplastic and fabric technology solutions to customers in a wide range of industries including in the agriculture and food, construction, energy and mining sectors, among others. ContiTech serves customers across 34 countries and employs around 22,000 team members across Europe, the Americas and Asia-Pacific.

Read more on the transaction here

“Deals like this remind you why you do what you do.”

Denise Gibson, UK managing partner and debt finance partner at A&O Shearman, said: “It's been a fantastic transaction to work on — complex, cross-border, and fast-paced, which is exactly where our team is at its best. I'm really proud of how the team came together to support our clients and find pragmatic solutions at every turn. Deals like this remind you why you do what you do.”

“This transaction showcases the depth of our integrated debt finance and capital markets offering.”

Trevor Ingram, high yield partner at A&O Shearman, said: "This transaction showcases the depth of our integrated debt finance and capital markets offering. The financing structure required careful coordination across the loan and high yield components, and I'm proud of how the team came together to deliver clear, solutions-focused advice at every stage."

The A&O Shearman team was led by debt finance partners Denise Gibson, Filippo Crosara, and Hannah Gates and high yield partner Trevor Ingram . The team also included debt finance senior associates Luke Newling and Kiddist Forsythe and high yield senior associate Evangelia Andronikou, as well as associates Nishant Prasad, Deborah Wathome and trainee Maciej Skrzek.

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