Bring your vision to life.

Capital with vision

capiton enables small and medium-sized businesses in the DACH region to achieve ambitious goals. Not only do they receive capital from us, they also benefit from our expertise and personal support. We listen carefully, make quick decisions and are accessible, because we know that nothing generates confidence like your own vision in your own hands.

Finance

News

Prefere Resins Group

Sale of shares to Silverfleet Capital

The company

Prefere Resins is one of the leading European resins producers active in the development, production and distribution of phenolic resins. The products are used in numerous applications including the construction, insulation, engineering and automotive industries.
The Company is headquartered in Erkner near Berlin and operates further subsidiaries in Austria, France, UK, Poland, Romania, as well as two locations in Finland. In 2017, the Company generated revenues of € 222 million with 320 employees.

 

The transaction

capiton acquired a majority share in Prefere Resins Group during a carve-out of the European phenolic resins activities from Nordic chemicals group Dynea in January 2014.
In 2016, capiton refinanced the business. As part of that transaction, Intermediate Capital Group (“ICG”) acquired a minority stake in the Company and management increased its share. With the transaction that has now been signed, capiton and ICG will dispose all of their shares in Prefere Resins Group. Closing of the transaction is subject to customary closing conditions. The Parties have agreed not to disclose further details of the transaction. capiton was advised by Alantra (M&A, Debt Advisory), Sidley Austin and BMH Braeutigam & Partner (legal), Deloitte (commercial & financial), EY (tax) as well as ERM (environmental).

Facts & Figures

Foundation

capiton’s predecessor company was founded in the mid-1980s. capiton AG was established in 1999. The firm became an independent company in 2004, following a Management-Buy-Out.

Partnership

capiton is managed by 9 partners and is an owner-managed financial investor.

Track record

The capiton team has supported more than 80 companies, and over 70 investments have been realised. At present, the company manages a fund volume of €1.1 billion.

Investment range

capiton invests in small and medium-sized companies in German-speaking countries. We usually invest between €20 and €60 million of our own funds in profitable companies with turnover between €50 and €300 million. We are also able to execute much larger transactions together with co-investors.

What our portfolio companies say

capiton is familiar with the needs of SMEs, understands them, and acts accordingly.

Josef Raith, Founder
RTS

Companies in our portfolio