Network Corporate Finance advised Abel Beteiligungs GmbH Co. KG in the secondary placement of their shares in Schmack Biogas AG.
|Project type:||Capital Market Transactions|
Abel Beteiligungs GmbH & Co. KG has totally disposed of its 7.7% holding (417616 shares) in Schmack Biogas AG in the course of a secondary placement. The free float was consequently increased from 85.9% to 93.6%.
Schmack Biogas AG, Schwandorf, publicly listed since May 2006, is one of the pioneers of the German biogas sector. For more than 10 years the company has been setting the standard for biogas installations having a high degree of utilisation. The range of products and services includes a complete range of services for biogas plants: from project development, planning and consents through building, commissioning, technical and biological service, right up to financing and contracting models.
|Transaction value:||not disclosed|
|Sales:||EUR 90 million (2006)|
Abel Beteiligungs GmbH & Co. KG, Engelsberg
The role of Network Corporate Finance
Network Corporate Finance examined the various options of the secondary placement for the vendor and advised the clients with respect to the capital market transaction.beraten.