Blätt­chen & Part­ner advi­ses the manage­ment of Stark Group on the sale to Lone Star Funds

Munich, Novem­ber 10th, 2017 — Blätt­chen & Part­ner advi­ses the manage­ment of Stark Group on the sale to Lone Star Funds

Fer­gu­son plc has sold Stark Group, its Nor­dics buil­ding mate­ri­als dis­tri­bu­ti­on busi­ness, to an affi­lia­te of Lone Star Funds, a glo­bal pri­va­te equi­ty firm, for €1,025 mil­li­on on a debt-free and cash-free basis. The tran­sac­tion is still sub­ject to appr­oval from the rele­vant com­pe­ti­ti­on aut­ho­ri­ties. Sub­ject to satis­fac­tion of this con­di­ti­on, the firm expect the tran­sac­tion to com­ple­te ear­ly in 2018. In the year ended 31 July 2016, Stark Group had reve­nues of 18.4 bil­li­on DKK and the pro­fit befo­re inte­rest and tax was 530 mil­li­on DKK. Head­quar­te­red in Zug, Switz­er­land, Fer­gu­son is a mul­ti­na­tio­nal hea­ting and plum­bing dis­tri­bu­tor with appro­xi­m­ate­ly 33,000 employees. On 1 August, 2017, the Com­pa­ny chan­ged its name from Wol­se­ley to Fer­gu­son, to reflect the United Sta­tes being the pre­do­mi­nant mar­ket. The Com­pa­ny is lis­ted on the Lon­don Stock Exch­an­ge and is a con­sti­tu­ent of the FTSE 100 Index. Prof. Dr. Alex­an­der Götz advi­sed the manage­ment of Stark Group with regard to its manage­ment par­ti­ci­pa­ti­on pro­gram. Along­side tra­di­tio­nal cor­po­ra­te finan­ce advi­so­ry man­da­tes, Alex­an­der Goetz has spe­cia­li­zed in pro­vi­ding mana­gers and pri­va­te equi­ty inves­tors with advice on the design of manage­ment equi­ty pro­grams.

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For more than 30 years, Blätt­chen & Part­ner GmbH has been one of the lea­ding cor­po­ra­te finan­ce con­sul­ting firms in Ger­ma­ny known for its inno­va­ti­ve finan­ce stra­te­gies. With offices in Munich and Stutt­gart it has been advi­sing on initi­al public offe­rings, bond issues, pri­va­te equi­ty invest­ments, mer­gers & acqui­si­ti­ons as well as on manage­ment com­pen­sa­ti­on and par­ti­ci­pa­ti­on sys­tems. More than 500 tran­sac­tions demons­tra­te the exper­ti­se of the firm. The inter­di­sci­pli­na­ry net­work of excel­lence, high cus­to­mer satis­fac­tion and many publi­ca­ti­ons on major finan­cing issues reflect the estab­lished repu­ta­ti­on of Blätt­chen & Part­ner GmbH.

 

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