Paragon becomes new growth partner of Schell GmbH & Co. KG

Andrea and Joachim Schell, the current shareholders of Schell GmbH & Co KG, have concluded an agreement to sell their company to the owner-managed investment company Paragon Partners GmbH. The transaction is expected to be completed in May 2025, subject to regulatory approvals.

The innovative and fast-growing Schell GmbH & Co KG employs 450 people worldwide. With its water-saving fittings, SCHELL offers future-proof solutions for sustainable and resource-conserving water use. Whether in public facilities, commercial enterprises or private households – SCHELL solutions help optimize water and energy consumption, effectively reduce costs, and at the same time make a valuable contribution to environmental and climate protection.

“By handing over our company to Paragon, we ensure that our company will remain stable in the long term and continue to operate successfully in the future. The new owners will actively continue the existing growth strategy,” explain Andrea and Joachim Schell, shareholders of Schell GmbH & Co KG.

Dr. Edin Hadzic and Christian Bettinger, Partners at Paragon, add “SCHELL stands for excellent quality, is the world market leader for angle and combination angle valves, and a driver of innovation in the field of drinking water hygiene.

We see SCHELL as a company with great potential and look forward to working with the existing management team to continue SCHELL’s success story and strengthen Schell GmbH & Co. KG in the long term. It is very important to us to continue the operational business without significant changes for employees, customers and partners.”

Andrea Bußmann and Andreas Ueberschär, Managing Directors of Schell GmbH & Co. KG, are also very optimistic about the future: “In Paragon, we have found the ideal partner to support our successfully initiated growth strategy and to continue the SCHELL vision strategically, technologically and internationally.”

With the sale of Schell GmbH & Co. KG to Paragon, SCHELL’s long-standing tradition will be preserved, while at the same time new growth opportunities will be opened up – a combination of consistency and progress in the interests of SCHELL’s employees, customers and partners.

About SCHELL

SCHELL GmbH & Co KG, headquartered in Olpe in the Sauerland region of Germany, is an international specialist for fittings, innovative sanitary technology products, and digital solutions for maintaining drinking water quality. The company is the global market leader in water management systems and angle valves. The portfolio for use in public and commercial sanitary facilities also includes fittings for all relevant tapping points in a building. Founded in 1932, the company is managed by Andrea Bußmann (Sales, Marketing and Human Resources) and Andreas Ueberschär (Production, Technology and Finance). SCHELL employs around 450 people and is active in over 80 countries. The multiple award-winning quality products “Made in Germany” are manufactured with a high degree of in-house production depth – around 15 million items per year. Sustainability is a top priority: the production processes take place entirely in the two plants in Olpe, the products are manufactured using materials that conserve resources and score highly in terms of durability. Their use makes an important contribution to drinking water and user hygiene. Further information about the company can be found at www.schell.eu.

About Paragon

Paragon Partners GmbH is an owner-managed, private group of companies that has been investing in 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 €2.4 billion of equity under management. Further information about the company can be found at www.paragon.de/en.