FPS advises Kreissparkasse Köln and Sparkasse Hannover on syndicated financing of the Hagedorn Group with €93 million

Hagedorn is a rapidly growing company. It is thanks to the success of everyone involved in the process that we are able to provide the group with tailor-made financing during this expansive phase of the company's development. We also see the start-up financing for further revitalisation projects that this enables as a contribution to sustainability," says Udo Buschmann, member of the board of Kreissparkasse Köln.
The legal advice on this syndicated financing by Kreissparkasse Köln and Sparkasse Hannover for the Hagedorn Group was provided by Prof. Dr Jörg Kupjetz, partner at FPS, who has already advised on previous projects involving the Hagedorn Group.

Legal advice on this syndicated financing by Kreissparkasse Köln and Sparkasse Hannover for the Hagedorn Group was provided by Prof. Dr Jörg Kupjetz, partner at FPS, who has already successfully contributed his expertise as a financing expert to previous projects of Kreissparkasse Köln.

About Kreissparkasse Köln

As a public-law institution and universal credit institution, Kreissparkasse Köln serves around one million customers and has total assets of €29.8 billion (2022). In its business area – the Rhein-Erft, Rhein-Sieg, Rheinisch-Bergisch and Oberbergisch districts – every second medium-sized company has a business relationship with Kreissparkasse Köln. As a partner to
medium-sized businesses, Kreissparkasse Köln also counts among its tasks supporting major employers in the region in strengthening their successful market position.

About the Hagedorn Group
Founded in Gütersloh in 1997 as a demolition company, the Hagedorn Group specialised in dismantling projects from an early stage and positioned itself as a quality provider through innovative solutions in demanding large-scale projects. In addition to its headquarters in Gütersloh, the family-owned company has numerous other locations in Germany, including Cologne, Bergheim and Kerpen. Through organic growth and acquisitions, its total output has grown to more than EUR 469 million in 2023.