Hogan Lovells advises AUCTUS on the acquisition of Blasius Schuster
Hogan Lovells has successfully advised AUCTUS Capital Partners, a Munich-based investment firm, on the financing of its majority acquisition of the Blasius Schuster Group. The financing was facilitated by Oldenburgische Landesbank AG. Following the acquisition, AUCTUS and Blasius Schuster’s Managing Director, Daniel Imhäuser, are set to establish the Urban Mining Group, a new platform dedicated to recycled construction materials. Imhäuser will maintain a significant re-investment in this new entity, which will eventually hold all shares in Blasius Schuster. The Urban Mining Group aims to create a robust network of companies focused on recycling and recovery solutions. AUCTUS is recognized as a leading investment firm in the European mid-market, particularly noted for its buy-and-build strategies in the DACH region. The legal advisory was led by Dr. Thomas Freund, head of the German banking and finance practice at Hogan Lovells, with support from a team of legal experts.