P+P advises the management of Prefere Resins Holding GmbH on sale to Silverfleet Capital

The private equity firm Silverfleet Capital has acquired Prefere Resins Holding GmbH. P+P advised the management of Prefere Resins Holding GmbH within the context of the transaction. The closing of the transaction is still subject to approval by the competent authorities.

Prefere Resins is headquartered in Erkner near Berlin and has seven production facilities in six European countries; it is the leading producer of phenolic and amino resins in Europe. The products are used as binding agents in construction, insulation and in industry. In 2017, Prefere Resins generated turnover in the amount of EUR 223 million.

Silverfleet Capital is a European private equity firm that specializes in buy-to-build strategies for medium-sized companies. Silverfleet Capital is active worldwide and supports the companies in their further expansion on the market.

P+P Pöllath + Partners advised the management of Prefere Resins on the legal aspects of the transaction with the following Munich-based team:

• Dr. Benedikt Hohaus (partner, M&A/private equity, management partipation)
• Dr. Roman Stenzel (counsel, M&A/ private equity, management partipation)