References
Mezzanine Capital arranged an acquisition loan of EUR 26.35 million for the RT TORAX Group.
Mezzanine Capital followed up on previously provided mezzanine financing for the acquisition of GATE Nová Karolina and further developed its cooperation with the RT TORAX Group, which is primarily active in the automotive and commercial real estate sectors, by arranging long-term senior financing and a mezzanine loan of EUR 26.35 million for the acquisition of the Nordica project in Ostrava.
RT TORAX Group is an investment group based in Ostrava, founded in 1994 by Mr. Radek Šnita and Mr. Tomáš Häring. The group is active in the automotive sector (engaged in the sale, servicing, and provision of financial services related to the sale of passenger cars) and commercial real estate (mainly in the acquisition and operation of administrative properties). It develops its activities across regions throughout the Czech Republic. Recently, it has added the GATE Nová Karolina administrative building in downtown Ostrava to its portfolio, and with the acquisition of the Nordica administrative building, the group has become the second-largest lessor of “A-class” office spaces in the Moravian-Silesian region.
NORDICA Building is an administrative building project with nearly 12,000 m² of leasable space and 130 parking spaces, located in the city centre of Ostrava on Českobratrská Street. The building was a finalist in the 2009 Building of the Year competition, and in addition to flexible office spaces, it offers, for example, a rooftop terrace used as a relaxation area. NORDICA Building was the very first administrative centre in the Czech Republic to receive Green Building certification from the European Commission for energy savings 30% higher than Czech standards.
Mezzanine Capital provided an acquisition loan of EUR 32 million to the RT TORAX Group
Mezzanine Capital supported the RT TORAX Group, which is primarily active in the automotive and commercial real estate sectors, by providing a long-term mezzanine loan of EUR 32 million for the acquisition of the Nová Karolina Park Ostrava project.
RT TORAX Group is an investment group based in Ostrava, founded in 1994 by Mr. Radek Šnita and Mr. Tomáš Häring. The group is active in the automotive sector (engaged in the sale, servicing, and provision of financial services related to the sale of passenger cars) and in commercial real estate (particularly in the acquisition and operation of administrative properties). It develops its activities across regions throughout the Czech Republic.
Nová Karolina Park is a trophy administrative building project in the centre of Ostrava, completed by Passerinvest Group in 2012. It offers nearly 24,726 m² of premium office space on 6 above-ground floors, 3,846 m² of retail and storage space, and 279 parking spaces. The building is characterized by excellent transport accessibility and comprehensive civic amenities in its immediate vicinity.
Mezzanine Capital provided EUR 6 million loan in connection with the recapitalization of VUES Brno Ltd.
Mezzanine Capital participated in the recapitalization transaction of Nolloth S.A. (majority owned by ARX Equity Partners) and its subsidiaries VUES Brno Ltd. (www.vues.cz) and VSM Antriebstechnik GmbH by granting a EUR 6 million mezzanine loan. The total size of the transaction (debt refinancing and recapitalization) amounted to EUR 26 million.
VUES was founded in 1947 and deals with designing, manufacturing and testing of special and non-standard electric rotating machines (asynchronous, synchronous and synchronous with PM), electric drives, and test stands with dynamometers. Their products are integrated by their customers into higher technological units for industrial automation and robotics, logistics and packaging technology, automotive, energy sector, traction and other fields.
VUES is a certified supplier of individual “high-tech” solutions operating on Central and Western European markets. In 2015, the company reported consolidated revenues of EUR 26 million.
VSM is a subsidiary of VUES based in Griesheim (DE) with responsibility for sales of selected products from VUES Brno to Austria, Germany and Switzerland.
Mezzanine Capital provided a EUR 12.5 million acquisition loan to Medicon group
Mezzanine Capital recently supported a leading Czech health care provider Medicon (www.mediconas.cz) in acquiring PRONATAL Group (www.pronatal.cz), one of the largest infertility treatment companies in the Czech Republic, through providing a EUR 12.5 million mezzanine loan.
Medicon is the major outpatient healthcare provider in Prague operating the policlinics located in Prague 4, Prague 9 and Prague 10, and a leading provider of radiology and breast tumor screenings in the Prague region. More than 60 thousand patients are serviced in Medicon facilities each month.
Mezzanine Capital provided a EUR 38 million acquisition loan to MTC Group
Mezzanine Capital recently supported a leading Czech coil coating and aluminum manufacturer Metal Trade Comax (www.mtcomax.cz) in acquiring Oetinger Aluminium Group (www.oetinger.net), major liquid and ingots aluminum producer in Germany, through providing a EUR 38 million mezzanine loan.
Metal Trade Comax is one of the leading European manufacturers of continuous coil coating and the only producer of continuously coated sheet metal in the Czech Republic. The company is also a producer of foundry alloys, master alloys and non-ferrous metals based on aluminum and copper and since 2015 it is the only producer of liquid aluminum in the Czech Republic. The annual turnover of the company exceeds 250 million EUR.
Oetinger Aluminium Group is a leading aluminum scrap recycling company focused on production of casting alloys and known for excellent technological competences, in particular for customized special alloys. The company strongly benefits from a high degree of liquid aluminum deliveries as well as regional and close customer relationships (due to a considerable volume of conversion business). The annual turnover of the company exceeds 300 million EUR.
