Transaction

Herter & Co has advised REGE arranging an asset-based financing

June 30th, 2015

Herter & Co. acted as exclusive financial advisor to REGE Motorenteile GmbH arranging an asset based financing transaction. Complementary to the existing borrowing facilities this additional facility enabled REGE to acquire the production equipment as well as the related manufacturing orders as part of an outsourcing project from a large OEM client.

“With this tailor-made financial solution Herter & Co helped us to pursue a very attractive business opportunity at very short notice and at a time, when this business was going through an M&A process, which in the meantime resulted in an successful sale “, commented Peter Brauer, CFO of REGE

With c. 1,450 employees REGE Motorenteile GmbH is a leading system supplier to the automotive industry machining engine and drive-train components. Since 1. July 2015 REGE is part of the worldwide operating AMTEK-group with total sales of more than USD 3 billion.

Herter & Co. acted as sole Debt Advisor to REGE on this transaction.