As part of the structuring and raising of a growth financing, BISON Polymers GmbH (“BISON”), a German manufacturer of nitrile disposable gloves, secured financing of EUR 27 million from a regional banking consortium led by Sparkasse Siegen. The consortium includes NRW.BANK as well as the savings banks Sparkasse Burbach-Neunkirchen, Sparkasse Olpe-Drolshagen-Wenden and Sparkasse Wittgenstein. In addition, the State of North Rhine-Westphalia is providing a state guarantee for the financing, underlining the project’s economic policy relevance.

BISON was founded in September 2024 and has since rapidly evolved into a technology-driven manufacturer of nitrile disposable gloves. Through its own efforts, the company has built up key core competencies, including the development of production technology, the development and certification of chemical formulations for glove manufacturing, as well as the establishment of a high-performance organization for industrial production and quality assurance.

On this basis, two production lines have been established at the Siegen facility: the first production line has been successfully commissioned, while the second is currently being finalized. Initial customers are already being supplied.

The secured financing will support the continued expansion of BISON’s production and energy infrastructure, including the addition of production lines three through six. As a result, production capacity can be ramped up in a structured and scalable manner. Upon completion of expansion phase 2, BISON is expected to achieve an annual production capacity of approximately 1.9 billion nitrile disposable gloves, making a significant contribution to supply security in Germany and across Europe.

The IMAP team led by Thorsten Schneider, Stefan Kippes and Fynn Siemer advised BISON on the preparation of the financing process, the structuring of the financing, the selection and approach of suitable financing partners, as well as the coordination of the overall process.