One Rock Capital Partners acquires Prefere Resins from Silverfleet Capital

Silverfleet acquired Prefere Resins in 2018.

  • Prefere Resins is a manufacturer of adhesive resins used in engineered wood and insulation products, industrial applications, and other specialty materials
  • One Rock aims to support Prefere’s sustainability initiatives
  • Prefere agreed in April 2019 to acquire INEOS’ Melamines & Paraform business, extending its product range to include melamine resins and paraformaldehyde

One Rock Capital Partners announced on Tuesday the completion of the acquisition of Prefere Resins Group from Silverfleet Capital. Silverfleet announced the sale in early April, this year.

Headquartered in Erkner, Germany, Prefere Resins manufactures adhesive resins and formulations used in engineered wood and insulation products, industrial applications, and other specialty materials.

Under London-based Silverfleet’s ownership, Prefere has taken steps towards its zero carbon agenda, and has created a pipeline of new environmentally attractive products.

One Rock Capital Partners, headquartered in New York, aims to build on Silverfleet’s work on sustainability.

“Prefere’s dedication to product innovation and commitment to its customers underscore its position as a market leader across the adhesive resins industry,” said Michael T Koike, partner at One Rock. “We are excited to continue to partner with management as we work to advance and promote the company’s sustainability initiatives in an effort to further maximise its potential.”

“We look forward to our continued partnership with One Rock,” said Elmar Boeke, chief executive of Prefere. “Leveraging One Rock’s industry and operational experience to expand Prefere’s portfolio of high-quality products will enable us to continue to provide differentiated value for our customers.”