Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised .private equity funds managed by Blackstone (‘Blackstone’) on the acquisition of Schenck Process (‘Schenck’), a global market leader in measuring and process technology from IK Investment Partners, a leading Pan-European private equity firm.
Headquartered in Darmstadt, Germany, Schenck develops and manufactures innovative solutions for a wide range of industrial processes including weighing, feeding, conveying and filtration. With over 2,300 employees worldwide and significant operations across Europe, North and South America, China, India and Australia, Schenck serves a diversified customer base across a variety of industries, including food, chemicals, mining and construction.
The financial terms of the transaction were not disclosed.
The Freshfields team was led by partners Arend von Riegen and Natascha Doll.