Shearman & Sterling advised Pumpenfabrik Wangen, a Silverfleet Capital portfolio company, on a recapitalization. The financing package funded by BlackRock will increase the flexibility for the continued growth strategy.
Pumpenfabrik Wangen (Wangen Pumps) is a leading manufacturer of screw pumps used by some of the world’s largest organizations. The company, founded in 1969 and based in the historic city of Wangen im Allgäu, Germany, makes equipment for pumping highly viscous liquids and solid-fluid mixtures.
Silverfleet Capital is an independent pan-European private equity firm that invests in medium-sized enterprises and is a long-standing client of Shearman & Sterling.