Shearman & Sterling advised Silverfleet Capital on the financing of the acquisition of Prefere Resins Holding GmbH, a leading European resin manufacturer.
Prefere Resins was built through the acquisition of plants owned by Neste and Perstorp in 2000. Headquartered in Erkner, situated on the outskirts of Berlin, Germany, the company is a European market leader in the development, production and sale of phenolic and amino resins which are used as a binding agent across the construction, insulation and industrial sectors.
Silverfleet Capital is an independent European holding company investing in mid-market companies and has been a longstanding client of Shearman & Sterling. The Shearman & Sterling team recently advised Silverfleet Capital on the financing of the acquisition of Pumpenfabrik Wangen and 7Days.