Munich, July 3, 2018 – Business law firm Gütt Olk Feldhaus advised Paragon Partners on the financing of the acquisition of German stock corporation inprotec AG.
The financing, which was provided by a syndicate of banks comprising Bremer Kreditbank AG, Commerzbank Aktiengesellschaft und ODDO BHF Aktiengesellschaft, consists of term loans as well as a working capital facility.
Both the purchase price and the volume of the financing were agreed to be kept confidential.
inprotec AG, based in Heitersheim, offers its clients longstanding experience as the leading contract manufacturer for industrial drying and granulation services using fluidised-bed spray granulation, coating, matrix encapsulation and spray drying technologies. As an expert in this field, inprotec is the partner of choice to realize innovative and complex production processes and to overcome customers’ capacity bottlenecks. Paragon Partners has acquired a majority interest in inprotec AG from the two managing shareholders, Dr. Andreas Baranyai and Pierre Schwerdtfeger. Both will remain significant shareholders in the company and also remain responsible for the management and development of the business going forward, whilst Paragon will support inprotec by providing additional resources for future organic and inorganic growth.
Legal advisors to Paragon Partners:
Gütt Olk Feldhaus (Munich): Julian J. Zaich (Partner, Finance), Dr. Tilmann Gütt (Partner, Finance), Dr. Kilian Helmreich (Partner, M&A) und Lucas Lengersdorf (Finance)
About Gütt Olk Feldhaus:
Gütt Olk Feldhaus is a leading German business law firm based in Munich. The key areas of expertise of Gütt Olk Feldhaus are M&A, private equity, finance and corporate with a particular focus on transactions and cross border aspects.
Contact:
Dr. Tilmann Gütt, LL.M.
Partner
Tel. +49 89 24 22 41110
Mobile +49 172 8314084
Tilmann.Guett@gof-partner.com
Julian J. Zaich, LL.M.
Partner
Tel. +49 89 24 22 41115
Mobile +49 172 6171298
Julian.Zaich@gof-partner.com
