Shearman & Sterling advised funds advised by Equistone Partners Europe (Equistone) and their portfolio company Sihl Group on the financing of the acquisition of Dietzgen Corporation.
Dietzgen Corporation with headquarters in Tampa, Florida (US), is a well-known provider of processing and distribution services for digital print media such as paper, films and fabrics. Founded in 1989, the company has an extensive dealer network and is known for nationwide just-in-time deliveries due to six convenient locations.
The Sihl Group, a company with a rich tradition headquartered in Ostermundigen / Switzerland, has formed part of the portfolio of the funds advised by Equistone Partners Europe since 2016, specialising in the coating and finishing of papers, films and fabrics for an international customer base. The acquisition of Dietzgen marks an important milestone in the strategic development of the Sihl Group and is the first acquisition since Equistone’s investment.