• Transactions

Global Retool Group Ajdustment and Expansion of Financing Structure

The Company

The Global Retool Group ("GRG") is an internationally active specialist in the field of machinery and plant engineering with a focus on the segments "Overhaul & Retrofit", "Retooling", "Fixture Construction & Automation" as well as selected special machinery, in particular in the field of grinding technology. 

With locations in Europe, the USA and China, GRG is one of the leading players in its market.

The Transaction

As part of the refinancing of existing credit lines and to finance further growth, GRG has reorganized its financing structure. The core of the new financing structure is a syndicated financing over several tranches with a consortium of national and international banks and insurance companies, which offers GRG significantly higher flexibility to implement its planned growth strategy.

Scope of Mandate

ARGONAS advised and supported GRG as exclusive debt advisor in the review of different financing options as well as in the structuring and implementation of the selected options.