Clearwater International acted as sole financial adviser to Zimmer AG, a former subsidiary of Metallgesellschaft AG, Frankfurt, on its acquisition of Fleissner GmbH & Co. KG.
Fleissner is one of the world’s leading manufacturers of components for staple-fibre production plants. Fleissner also builds high performance plants for the production of nonwovens and high-end driers. The company generated sales of approximately €82m in 2002, with around 420 employees.
Clearwater International, led by partners Ralph Schmücking and Tobias Schätzmüller, advised Zimmer.