POELLATH advises Paragon Partners on acquisi-tion of SCHELL GmbH & Co. KG.
Munich-based private equity firm Paragon Partners (“Paragon”) has acquired SCHELL GmbH & Co. KG. (“SCHELL”), an international specialist in fittings, innovative sanitary technology products and digital solutions for maintaining drinking water quality. Together with Paragon, the company will actively continue its successful growth strategy and advance the SCHELL vision strategically and technologically on an international level. POELLATH advised Paragon on legal matters for a management participation model in connection with the acquisition.
SCHELL GmbH & Co. KG., based in Olpe in the Sauerland region, is the global market leader in water management systems and angle valves and offers future-proof solutions for sustainable and resource-efficient water usage. Its portfolio includes fittings for all relevant extraction points in buildings, both for public facilities and commercial enterprises and for private households. SCHELL employs around 450 people and is active in over 80 countries.
Paragon Partners is an owner-managed, private investment firm focusing on established, medium-sized companies in German-speaking countries with significant strategic and operational development potential. The company works closely with its portfolio companies to generate sustainable growth and improve operational processes. Paragon is active in various industries and currently holds investments in 13 companies.
POELLATH and the following Munich team advised Paragon on the legal aspects of the acquisition regarding a management participation model:
- Dr. Verena Stenzel (associate partner, lead, M&A/private equity)
- Dr. Benedikt Hohaus (partner, co-lead, management participation, M&A/private equity)
- Silke Simmer (counsel, management participation, M&A/private equity)
- Natalie Tafelski (associate, management participation, M&A/private equity)