The Deal For the construction of a new production line, FEUER powertrain has secured necessary financing within the framework of a syndicated loan. The loan of over EUR 60 million comprises the refinancing of existing overdraft facilities and bank loans as well as growth financing for the new production line. As part of the transaction, IEG - Investment Banking Group and Commerzbank acted as co-arrangers of the syndicated loan. During the transaction process, IEG was resposnible for the valuation of the minority interest, compilation of a scenario-based, integrated financial planning tool as well as modeling of tax issues, tax-related reorganization of shareholder structure, final negotiations until closing.

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The Client The FEUER powertrain GmbH & Co. KG is a leading independent manufacturer of of forged and cast crankshafts. The company manufactures Crankshafts for automotive, industrial engines and Agricultural machinery manufacturer. FEUER powertrain was established in 2002 at the location of Nordhausen in Thuringia and today has 3 plants with a production capacity of state-of-the-art and fully automated production lines.

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The Perspective The new financing structure and the resulting growth, FEUER powertrain builds on its leading position on the national and international supplier markets for manufacturer-independent crankshafts further out.

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