Noerr advises PHI Industrial on financing for acquisition of Aljo Group

A Noerr team led by Michael Schuhmacher and Pinar Turkac-Christmann has advised PHI Industrial (“PHI”) in connection with financing for the acquisition of the Aljo Group by Commerzbank Aktiengesellschaft.

PHI is a Madrid-based European private equity fund specialising in industrial companies. PHI primarily invests in medium-sized companies across Europe, including those facing complex succession issues and spin-offs from multinational corporations.

Aljo GmbH & Co. KG, based in Berne, Germany, is an owner-managed company specialising in innovative lightweight construction solutions. Having emerged from Aljo Aluminium-Bau Jonuscheit GmbH, which was founded in 1970, it is now one of the leading suppliers in the automotive, marine and aerospace sectors, with over 320 employees.

Advisors to PHI Deutschland: Noerr

Lead: Michael Schuhmacher (partner, Frankfurt), Pinar Turkac-Christmann (associated partner, both Finance, Frankfurt)

Finance: Inken Rüdebusch (senior associate, New York), Moritz Ulbrich (associate, Frankfurt)

Advisors to PHI Spanien: Pérez-Llorca