CAPZA invests in RESPIRE

The Timex Group announced the definitive acquisition of the Swedish watch and accessories label Daniel Wellington. The deal was structured as a cash transaction, resulting in Timex obtaining 100 % of the equity interests previously held by the founders and minority investors. Daniel Wellington, founded in 2011, has built a globally recognised portfolio centred on minimalist timepieces and a digitally‑native distribution model that has propelled the brand to a leading position among fashion‑forward consumers

Ravensburger AG has announced the acquisition of a majority stake in Margarete Steiff GmbH, the historic German plush toy manufacturer founded in 1880. The transaction brings together two iconic players in the family entertainment industry and reflects Ravensburger’s strategy of expanding its portfolio through premium brands with strong heritage and international recognition. The acquisition represents a strategic expansion for Ravensburger into the premium toy and collectible segment. By combining Ravensburger’s expertise in puzzles, games and educational content with Steiff’s craftsmanship and distinctive brand identity, the transaction creates a complementary platform for future growth

A continuation fund managed by Equip Capital, with the backing of Goldman Sachs Alternatives as the lead investor, has acquired a majority stake in Ryde, a specialist in free-floating electric scooters. The transaction is accompanied by a capital injection aimed at financing the group's next phase of development across Europe. This deal enables Equip Capital, which has been the majority shareholder of Ryde since 2021, to provide a partial liquidity event for its investors while maintaining significant exposure to the company's future potential

Decathlon, through its investment subsidiary Decathlon Pulse, acquired a 10% equity stake in Brompton Bicycle Ltd, joining BA Capital which holds five percent. The transaction was announced in June 2026 as part of Decathlon's strategy to deepen its involvement in urban mobility and to secure access to Brompton's proprietary folding‑bike technology. Both parties highlighted the intention to preserve Brompton's brand independence while leveraging Decathlon's extensive retail network. The acquisition aligns with Decathlon's objective to complement its existing bicycle range with a premium, compact offering that appeals to high‑end urban commuters

Artsana undergoes a structured balance sheet reinforcement combining a shareholder loan conversion and a capital injection jointly executed by Investindustrial and the Catelli family, aimed at consolidating the group’s financial architecture and supporting its ongoing industrial repositioning. The transaction is based on the conversion into equity of a shareholder loan originated in the context of the 2016 LBO, complemented by a cash capital increase subscribed by both reference shareholders. The total reinforcement amounts to €258 million, of which approximately €208 million derives from the conversion and €50 million from new cash contributions

The acquisition of FineToday Holdings by Bain Capital represents the full exit of funds advised by CVC Capital Partners through a 100% buyout transaction. The deal follows a multi-year value creation phase initiated in 2021, when CVC carved out FineToday from Shiseido and established it as a standalone consumer platform. Since then, the company has strengthened its operational independence, expanded its product innovation capabilities, and accelerated its growth across Asia, particularly in China and Southeast Asia

American Pacific Group (APG) has acquired a majority stake in Dossier from the Paris-based evergreen investment platform Otium. The transaction marks a significant liquidity event for Otium, which incubated the brand in 2019 via its "Otium Studio." The deal structure includes a significant reinvestment from both Otium and the founding CEO, Sergio Tache, who will continue to lead the company. The strategic rationale for the acquisition is to accelerate Dossier’s international expansion, specifically targeting markets in Mexico and the UK (via Boots)

Malibu Boats has acquired Saxdor Yachts to add a European adventure‑dayboat brand to its portfolio and to secure manufacturing capacity in the region. The transaction was announced in early March 2026 following months of confidential negotiations and received regulatory clearance in both the United States and the European Union. Malibu cited the acquisition as a means to diversify its product offering, leverage Saxdor’s established dealer network across Europe, and mitigate supply‑chain risk by operating multiple production sites

Siparex ETI has signed an agreement to acquire a majority stake in ATK Sports, succeeding Progressio SGR, which had been the majority shareholder since 2021. This transaction is a secondary LBO conducted alongside the founding Indulti family, led by CEO Davide Indulti, and supported by financial co-investors including BNP Paribas. The deal represents a significant milestone for Siparex’s Italian team, illustrating the group’s strategy to strengthen its pan-European footprint by supporting high-performing Italian industrial exporters

L’Oréal has finalized the cross-border acquisition of Kering Beauté from the luxury group Kering, executing an alliance initiated in October 2025. The transaction encompasses the outright acquisition of Maison Creed, a historic luxury fragrance house. Concurrently, the deal architecture secures exclusive 50-year commercial operating licenses for the creation, development, and global distribution of beauty and fragrance portfolios for both the Bottega Veneta and Balenciaga brands. The agreement also establishes structured forward-looking rights for a 50-year exclusive beauty licence covering the flagship Gucci brand, which will trigger automatically following the expiration of its legacy contract with Coty