CAPITAL EXPORT takes majority stake in REPACK-S

This management buy-out transaction represents a significant milestone in the evolution of the company's shareholder structure, with the exit of Targa Capital's family office and a group of private investors who had supported the company since its initial management buy-in in 2011 and subsequent restructuring in 2016. Under the president's leadership, the company has achieved an adjusted ebitda margin above 25%, while exports now account for nearly 30% of sales, following an international expansion strategy. The objective of this new transaction is to alleviate size-related constraints and accelerate the company's foreign deployment, particularly in Europe and North America, where direct distribution networks need to be strengthened. Post-acquisition priorities focus on intensifying research and development investments to enhance proprietary polymer formulations, bolstering commercial presence among major foreign clients, and actively identifying external growth targets outside France to acquire complementary sealing technologies. Christophe Rodriguez ensures managerial continuity by retaining operational presidency and increasing his capital stake. The transaction is financed through a senior debt arrangement with amortizable and final tranches, securing necessary liquidity to execute the industrial strategy and fund future investments, thereby providing a stable financial foundation for the company's growth plans, which include entering new markets and expanding its product offerings, with a view to further diversifying its revenue streams and reinforcing its position in the industry.