NETWORK acted as debt advisor to Fidelium in structuring a working capital and capex facility in connection with a carve-out-process.

Transaction

After an in-depth analysis, BENTELER has decided to divest its Tønder and Louviers automotive plants to Fidelium Partners. The decision to sell both plants marks the next step in the implementation of the transformation program. The transaction allows BENTELER to focus on strategic production sites in Europe, with the aim of enhancing competitiveness and accelerating profitable growth in a volatile market environment.

Company

The two plants are focused on aluminum lightweight components and employ a total workforce of more than 320 employees. In 2020 the two locations achieved total revenues of approx. EUR 90m and EBITDA of approx. EUR 6m.

Further information about Fidelium www.fidelium.com