Shearman & Sterling advised Pfaudler GmbH and its parent company GMM Pfaudler Ltd. on the acquisition of French company Mixel SAS from its founder and French private equity firm Siparex in a cross-border transaction. Closing of the transaction is subject to a French works council consultation process and certain agreed closing conditions.
Mixel designs and manufactures customized mixing systems for a wide range of industrial applications. It specializes in the design and manufacture of standard and made-to-measure mixing systems used across various industries and has more than 45,000 agitators installed worldwide. Mixel has two manufacturing facilities: one in Lyon, France and the other in Beijing, China.
The Pfaudler Group is a global leader in corrosion-resistant technologies, systems, and services for the chemical, pharmaceutical, food and energy industries. Since 1884, the group has grown to be a global, multi-national and diverse company, employing 1800+ individuals across 4 continents and operating 15 global manufacturing facilities around the world. The acquisition is part of Pfaudler’s ambitious global growth strategy including recent transactions in Italy (acquisition of Hydro Air Research) and in the US (joint venture with JDS Manufacturing).
Shearman & Sterling is representing the Pfaudler Group on a regular basis.