Taylor Wessing advised long-standing client FLABEG on new financing

Taylor Wessing advised FLABEG Group – the European market leader in the automotive glass sector – in connection with the new Group financing. The new financing is designated to initiate a comprehensive transformation aimed at increasing the FLABEG Group’s competitiveness, as well as repositioning itself to remain continuously able to address an ever-changing market environment. 

The international team was led by Frankfurt finance partner Ulf Gosejacob. “Once again, we were very pleased by FLABEG’s trust in our team and wish FLABEG all the best with the transformation of the Group through investments to reposition and secure the future of the Group”, said Ulf Gosejacob.

FLABEG GROUP
The FLABEG Group is the European market leader in the automotive glass sector with a 140-year history. FLABEG’s deep technological expertise has resulted in efficient and accurate coating and bending of glass, while continuous investment in innovative technology allows the Company to further develop optimal solutions for the widest range of glass and mirror applications worldwide.

CORDET
CORDET is an alternative credit investor, providing bespoke financing solutions to lower mid-market companies across Northern Europe. CORDET’s first investment in FLABEG was in 2016 and it remained a long-term partner to FLABEG and the management team through challenging periods including the insolvency of FLABEG in 2020.

Legal advisers FLABERG Group 
Taylor Wessing Germany: Lead Partner Ulf Gosejacob (Partner), Dr. Michael Beyer (Salary Partner), Thekla Hetfleisch, Victor Rapior (Associates) all Banking & Finance; Dr. Hendrik Boss (Partner), Dr. Josepha Biebl (Senior Associate), both Restructuring & Insolvency; Felipe Villena (Salary Partner, M&A); Rudi Hasenberg (Salary Partner), Hai Nam Nguyen (Associate), both Tax; Dr. Marcus Hartmann (Partner); Dr. Theresa Ntinas (Senior Associate), both Trademarks, Advertising & Design.

Taylor Wessing Czech Republic: Jakub Adam (Partner), Martin Serak (Senior Associate)
Taylor Wessing France: Gilles Amsallem (Partner), Claudia Jonath (Partnerin)
Taylor Wessing Hungary: Torsten Braner (Partner), Petra Knall (Senior Associate)
 
Fangda Law: Romy Zhou (Partner)
Felsberg Advogados: Anneliese Eger (Partner)