Clearwater advises Deutsche Invest Mittelstand’s portfolio company Aerumtec on raising debt facilities in tandem with its carve out from Leoni AG

We look forward to this exciting next step as an independent company under the leadership of Deutsche Invest. On this basis, we intend to build our position as market leader and expand our market share. Key to our success are our employees, with their know-how, motivation and ingenuity, and we look forward to developing this company together with them.

Dr. Harald Wieland, CEO, Aerumtec

Leoni intends to consolidate its leading position in wiring systems and automotive cables. Against this background, Leoni is no longer the best owner to realise the full business potential of BG PS. Deutsche Invest's stated objective is to further develop the business of BG PS, and we wish the new leadership much success in further developing this business and driving its future growth.

Gerd Schuster, Head Strategy and M&A, Leoni AG

Very pleased to have worked with the team to secure debt facilities for the UK business, whilst our Partner in China raised debt facilities for the Chinese business. We were able to work with our client throughout the transaction process to understand their requirements and source a funding package which aligned to their strategy and worked within the restrictions of a complex carve out from a listed business. We’re looking forward to seeing what’s to come and would like to wish the team all the best.

Simon Chambers, Partner, Clearwater