Transfer Partners successfully advised the shareholders of SCHELL GmbH & Co. KG (‘SCHELL’) on the sale of their company to Paragon Partners (‘Paragon’).

Founded in 1932, SCHELL, with 450 employees worldwide and headquarters in Olpe, is an internationally positioned specialist for fittings for public and commercial sanitary facilities and the global market leader in the areas of water management systems and angle valves.

The transaction ensures the orderly succession of the previous shareholders and enables the company to continue its steady growth trajectory under the continued leadership of the proven management team. The sale of SCHELL Group to Paragon preserves SCHELL's long-standing tradition and independence, while at the same time opening up new growth opportunities - a combination of continuity and progress in the interests of SCHELL's employees, customers and partners.

Paragon is an owner-managed, private group of companies that has been involved with medium-sized companies in German-speaking countries since it was founded in 2004. Paragon works closely with its portfolio companies to achieve sustainable growth and operational excellence. Paragon's portfolio covers various industries and currently consists of 13 companies. The company is headquartered in Munich and has more than €2.4bn of assets under management. 

Transfer Partners' mandate covered the entire M&A process, including the preparation of transaction-related documents, due diligence and support during negotiations up to the successful signing. The transaction is expected to be completed in May 2025, subject to approval by the relevant competition authorities.