ADLER acquired by RÖTHER GROUP

ODDO BHF entered as the lead shareholder in Briconord, marking the group's fourth LBO cycle. The transaction facilitated the exit of Siparex and SGCP, while historic partner Initiative & Finance and the management team reinvested significantly. This new capital structure aims to fuel a second phase of aggressive external growth. The strategic focus is on consolidating the fragmented European hardware market, building upon the acquisitions successfully integrated since 2015 to establish Briconord as a dominant European leader in the DIY segment

The strategic entry of Arkéa Capital into the capital structure of Adopt Parfums marks a definitive transition from a regional success story to a global beauty contender. By joining the existing majority shareholder, NextStage AM, the new sponsor provides the institutional hardware and strategic backing required to professionalize the entity’s international scaling mandate. The rationale for this transaction hinges on a "territorial-acceleration" maneuver, leveraging the brand’s vertically integrated industrial depth (centered on its French manufacturing core) to fulfill rising global demand for accessible, high-quality fragrances

JD Sports Fashion Plc completed the acquisition of Hibbett, Inc. on July 25, 2024, after securing Hibbett stockholder approval and satisfying all remaining closing conditions. The strategic rationale is strongly anchored in JD’s North American expansion ambitions. Hibbett brings a nationwide, mall‑led store footprint of 1,169 locations across 36 states, which is highly complementary to JD’s existing community‑focused concepts such as Shoe Palace and DTLR. The deal accelerates JD’s penetration into underserved regions, particularly in the Southeast US, and provides a stronger platform for the rollout of the JD brand via Hibbett’s efficient supply chain and back‑office infrastructure

The acquisition of Propolis Développement by Relais Vert represents a strategic move to consolidate the French organic food distribution market. The deal is expected to create a leading player in the industry, with a combined revenue of approximately 300 million euros. The transaction is driven by the strategic rationale of expanding Relais Vert's distribution network, optimizing its logistics, and reducing its carbon footprint. By acquiring Propolis Développement, Relais Vert aims to strengthen its position in the market, improve its operational efficiency, and enhance its ability to serve its customers

Snowleader raised EUR15 million in a new funding round led by 123 Investment Managers, with participation from historic banking partners (Credit Agricole des Savoie via Oxygene and Bpifrance). This capital injection is designed to support a massive industrial scaling project. Specifically, the funds will finance the construction of a new 25,000 sqm automated logistics center in Le Versoud (near Grenoble) to triple shipping capacity. Additionally, the roadmap includes accelerating international sales (aiming for 40% export) and expanding the physical retail network in strategic European cities

Torqx Capital Partners has successfully completed the acquisition of a majority share in Beter Bed Holding, effectively transitioning the company from a public listing to a private ownership structure. The deal was conducted in partnership with three major existing shareholders who have retained their stakes to support the new ownership constellation. The strategic rationale for the acquisition is to remove the company from the public markets to allow the management team to accelerate the execution of its "sleep specialist" growth strategy without the constraints of quarterly reporting

Mars has reached an agreement to acquire the entire issued share capital of Hotel Chocolat. The transaction is structured as an all-cash offer recommended by the Hotel Chocolat board. The deal aims to leverage Mars' global supply chain and operational expertise to solve Hotel Chocolat's international logistics challenges, allowing the British brand to scale globally. Mars views this as a strategic entry into the premium chocolate segment, complementing its mass-market portfolio. Hotel Chocolat's co-founders will reinvest a portion of their proceeds and remain with the company to lead the brand's next growth phase

The French sustainable furniture e-tailer Tikamoon organizes a secondary LBO ("LBO Bis") to reshuffle its cap table. The financial investor Edmond de Rothschild Equity Strategies (ERES), present since 2020, exits entirely. It is replaced by the LFPI Group, which takes a minority stake alongside the founders, who remain majority shareholders. This operation aims to finance an ambitious growth plan ("TikaGreen") targeting EUR300 million in revenue by 2027, including international expansion and the potential opening of physical stores

To support its next phase of development, Arlettie welcomed CAPZA Transition as a new minority shareholder alongside BNP Paribas Développement. The transaction enables founders Muryel Lanneau and Thibaut Caillemer du Ferrage to retain control of the company while partnering with an investor capable of supporting its long-term growth ambitions and international expansion strategy. The deal is intended to strengthen Arlettie’s position in the luxury inventory management and private sales market. The company has established itself as a specialized partner for luxury and fashion brands, organizing private sales, inventory clearance events, and exclusive customer experiences designed to optimize stock rotation while preserving brand equity, exclusivity, and confidentiality

Matas signed a definitive agreement with Axel Johnson to acquire 100% of KICKS Group. Executed on a bilateral basis, this 100% equity transfer consolidates the KICKS and Skincity retail banners under a single corporate umbrella. The transaction was fully debt financed within existing gearing targets to ensure capital efficiency. The transaction incorporates an operational platform consisting of approximately 1,700 employees, an retail infrastructure network of 226 physical stores across Sweden, Norway, and Finland, alongside an active customer ecosystem serving 3