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An extremely lively past 24 months has borne significant transactional fruit for the VDM Metals Holding legal team, with general counsel Matthias Möhle listing the most impressive of these. ‘As well as a €150m revolving credit facility, a €100m factoring agreement and our assistance in the sale of VDM Metals Group to Aperam’, still subject to merger control approval, he explains, ‘we introduced new compliance and risk management systems and engaged in successful defences of the Group in a number of high profile legal proceedings in Germany, the EU and the US.’ Commenting on the increased legislation encountered by the team when undertaking its work, Möhle mentions his diversified team extremely favourably – particularly Silvije Cvjetko who has been ‘very reliable and hands-on in elevating the service level’ of the team. Internally, the team has also successfully overseen a comprehensive restructuring of core functions, as Möhle details: ‘Following the spin-off, core functions were newly structured. Under PE-ownership, the team created PE-appropriate lean structures for legal, compliance, risk management and insurance. We introduced a new risk management logic, started a worldwide legal billing tool and are currently introducing a new tool for compliance matters’.