Following the acquisition, AUCTUS and Blasius Schuster’s Managing Director Daniel Imhäuser are establishing the Urban Mining Group – a new nationwide platform for recycled construction materials. Imhäuser will retain a significant re-investment in the Urban Mining Group, which will in future hold all shares in Blasius Schuster. The Urban Mining Group aims to build a strong group of companies focused on recycling and recovery solutions.

AUCTUS is one of the most active investment firms in the European mid-market. As a market leader in the implementation of buy-and-build strategies in the DACH region, AUCTUS has already established numerous corporate alliances across a wide range of industries.

Hogan Lovells advised AUCTUS Capital Partners on all legal aspects of the acquisition financing. The advise was provided by a Munich team led by partner and head of the German banking and finance practice Dr. Thomas Freund, with additional support from senior associate Tiziana Daxenberger, business lawyer Stefanie Grosch, and partner Dr. Ingmar Dörr for all tax related aspects.