Ashurst advises UniCredit on recapitalisation of Medi-Globe

Ashurst advised UniCredit Bank AG on the recapitalisation of Medi-Globe GmbH (Medi-Globe), a portfolio company of private equity investor Duke Street. Details of the transaction were not disclosed.

Based in Rohrdorf/Bavaria, Medi-Globe develops and manufactures single-use, innovative instruments for minimally invasive endoscopic procedures and supplies them to hospitals, clinics and physician specialists in more than 120 countries. Medi-Globe products are marketed directly in Germany and France as well as through qualified distribution partners worldwide. Since 2016, the company has been part of the portfolio of Duke Street

The Ashurst team was led by partner Dr Matthias Weissinger. He was assisted by senior associate Franziska Sauer, transaction lawyer Ena Selimbegovic (all Global Loans, Munich), partner Pierre Roux, counsel Thomas Ehrecke and associate Kevin Perraudin (all Finance, Paris) as well as partner Michael Neary and counsel Matthew Haist (Global Loans, New York).

Ashurst's German banking and finance practice advises both banks and alternative lenders, private equity investors and companies on domestic and cross-border acquisition, real estate, asset and infrastructure / project finance as well as on financial restructuring and corporate lending.