Noerr has advised Ipsen International Holding on the refinancing and recapitalisation of the Ipsen Group.
The new financing structure of this portfolio company of Quadriga Capital includes unitranche financing provided by Barings, including an acquisition credit line for future inorganic growth and international revolving super senior credit lines provided by ABN AMRO and HSBC.
Ipsen Group, which is headquartered in Kleve, Germany, is the world’s leading supplier of integrated heat treatment solutions for the hardening of metal parts. Since the investment by Quadriga Capital Funds, Ipsen has developed into a global player with production facilities in Germany, the USA, China, Japan and India.