Shearman & Sterling advised the European private equity firm Silverfleet Capital on the financing of the acquisition of Pumpenfabrik Wangen (Wangen), a leading manufacturer of progressing cavity and twin-screw pumps.
Wangen is a medium-sized, mechanical engineering company. For over 40 years, Wangen has been manufacturing products for markets such as food & beverage, agriculture, biogas and wastewater treatment. With over 200 employees and an export ratio of 45 percent the company is on a successful growth track.
Silverfleet Capital is an independent European holding company investing in midmarket companies and is a long-standing client of Shearman & Sterling. Recently, Shearman & Sterling advised Silverfleet Capital on the divestiture of Orizon.