Christian Borsche and Frank Jürging, the Managing Directors of Edelstahl Service Center Burg acquired Edelstahl Service Center Burg GmbH from Georgsmarienhütte Holding GmbH at the end of the year 2012. For the year ending December 31, 2012, Edelstahl Service Center Burg GmbH had revenue of €40 million. Hogan Lovells acted as legal advisor for Georgsmarienhütte Holding GmbH. Borsche GmbH acted as financial advisor for Christian Borsche and Frank Jürging.

Christian Borsche and Frank Jürging completed the acquisition of Edelstahl Service Center Burg GmbH from Georgsmarienhütte Holding GmbH at the end of the year 2012.