Shearman & Sterling advised a consortium of banks consisting of Commerzbank, Bremer Kreditbank and ODDO BHF on the financing of the acquisition of a majority interest in inprotec AG by funds managed by Paragon Partners.

Sellers are the two managing shareholders, Dr. Andreas Baranyai and Pierre Schwerdtfeger, who will continue as significant shareholders in the company and will remain responsible for the management and development of the business going forward.

inprotec AG, based in Heitersheim, offers its clients longstanding experience as the leading contract manufacturer for industrial drying and granulation services using fluidised-bed spray granulation, coating, matrix encapsulation and spray drying technologies.

The Team