BMH BRÄUTIGAM CONSULTING ON SALE OF THE PREFERE RESINS GROUP
BMH BRÄUTIGAM, together with Sidley Austin LLP, advised Berlin-based financial investor capiton AG, Intermediate Capital Group plc, London, and the management on the sale of the Prefere Resins group to Silverfleet Capital.
Prefere Resins is one of the European market leaders in the development, manufacturing and distribution of phenolic resins. In addition to the headquarters in Erkner near Berlin, Prefere Resins has branches in Austria, France, Great Britain, Poland, Romania and Finland. In 2017, the group's approximately 320 employees generated sales of 222 million euros.
In January 2014, BMH BRÄUTIGAM had already advised capiton on the acquisition of the investment. Following the successful refinancing of the company in 2016, the Intermediate Capital Group acquired a minority interest in Prefere Resins from capiton, which was again represented by BMH BRÄUTIGAM.
Under the now signed transaction, capiton and ICG sell all shares in Prefere Resins. The transaction is still subject to the fulfillment of customary conditions precedent.
Team BMH BRÄUTIGAM: Tina Schmidt, Jan-Peter Heyer, Dr Andrea Reichert-Clauss, Dr Sylko Winkler (all Private Equity ǀ Corporate/M&A), Johannes Wolf (Litigation)