17 May 2018
Paragon becomes majority shareholder of inprotec AG to support future growth of the company
Paragon acquires a majority interest in inprotec AG from the two managing shareholders, Andreas Baranyai and Pierre Schwerdtfeger. The transaction is still subject to approval by the relevant authorities. The two managers will continue as significant shareholders in the company and will remain responsible for the management and development of the business going forward. Paragon will support inprotec by providing additional resources for future organic and inorganic growth.
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. In recent years the company has handled over 2,500 starting materials and intermediate products across several industries (consumer goods, animal feed, cosmetics industry, plastic additives).
inprotec AG operates two production sites in Heitersheim and Genthin today and employs c. 240 employees. Supported by Paragon, inprotec AG will invest in additional production capacity and continue its consistent growth trajectory.
“It is impressive to see how Mr. Baranyai and Mr. Schwerdtfeger developed and established inprotec as the market leader in the field of fluidized-bed granulation over the past 20 years. The company is well positioned to expand organically and via strategic acquisitions”, states Marco Attolini, managing partner at Paragon. “We are very much looking forward to working together with Baranyai, Mr. Schwerdtfeger and all inprotec employees.”
”As an equity investor with an entrepreneurial mindset and a strong expertise with medium-sized companies, Paragon is the right partner at the right time for inprotec. We share a common vision for the future of inprotec and are looking forward to the growth impulse from our new majority shareholder”, explains Baranyai, CEO of inprotec AG.
inprotec is the leading provider of drying and granulation services to the chemical industrie in Germany. With focus on the consumer goods and feed additives, inprotec has longstanding customer relations with all major players in these fields.
Paragon is one of the leading independent private equity firms in Europe with approx. €650 million of equity under management. Paragon works closely with portfolio companies to achieve sustainable growth and operational excellence. The investment portfolio covers various industries and currently comprises 9 companies. Paragon was founded in 2004 and is based in Munich, Germany. For further information please refer to www.paragon.de.