Herter & Co. – Teneo Capital Advisory – advised the HiPP Group on its successful refinancing

Herter & Co. – Teneo Capital Advisory – advised the HiPP Group on its successful refinancing

Herter & Co. – Teneo Capital Advisory – advised the HiPP Group (“HiPP”) on the successful refinancing of its existing operating and holding company financing. The new financing strengthens the baby food manufacturer’s liquidity base and financial flexibility and creates additional leeway for the company’s future development.

The new financing consists of a mix of long-term financing instruments.

“With the new financing, we have secured attractive terms, expanded our financial leeway and optimised key contractual provisions. Herter & Co. was an extremely competent and reliable partner throughout this process – both in structuring the deal and in selecting the financing partners, as well as in the negotiations with all parties,” said Maximilian Graf von Oppersdorff, CFO of the HiPP Group.

HiPP was founded in 1932 and is headquartered in Pfaffenhofen. The company is now in its fourth generation of family ownership and is one of the leading manufacturers of infant formula and baby food, as well as a distributor of baby care products, with a focus on the European market.

Herter & Co. – Teneo Capital Advisory – acted as Sole Debt Adviser to HiPP.
Herter & Co. is part of Teneo, the global CEO advisory firm.