Herbert Smith Freehills advises on acquisition financing for the opel development centre

Added: Over a year ago by Herbert Smith Freehills

Global law firm Herbert Smith Freehills comprehensively advised an international banking consortium led by Natixis and Société Générale, on the financing of French engineering service provider Segula Technologies, further to its acquisition of large parts of Opel’s development centre. 

The bank consortium comprises leading institutions from France, Spain, Germany, Luxembourg, Brazil and China with Société Générale acting as agent and security agent. 

Segula will take over approximately 2,000 employees, facilities and buildings from Opel in Rüsselsheim, Germany with the aim to create a European development campus. Founded 1985 and headquartered in Nanterre, France, Segula Technologies offers development and engineering services in markets such as energy, oil and gas, automotive, pharmacy, rail and shipping with approx. 12,000 employees at 140 sites in more than 30 countries across the world.