CDPQ - CAISSE DE DEPOT ET PLACEMENT DU QUEBEC takes majority stake in Delachaux

Officially concluded in June 2018, this transaction formalizes the exclusive agreement under which Caisse de dépôt et placement du Québec (CDPQ) and the Delachaux family acquire the entire shareholding of CVC Capital Partners in Groupe Delachaux. The definitive transaction involves the full exit of CVC Capital Partners Fund V from the capital structure of Groupe Delachaux, a position held since 2011. Following this share transfer, the Delachaux family consolidates its position as the controlling majority shareholder of the group alongside CDPQ as an incoming long-term equity partner. This bilateral transaction replaces the initial public offering process that Groupe Delachaux had previously initiated in May 2018, which was consequently suspended. Under the executive leadership of Chief Executive Officer Guy Talbourdet and Chairman Stéphane Delachaux, the corporate transition provides the operational stability and strategic backing necessary to support global commercial expansion. Stéphane Etroy, Executive Vice-President and Head of Private Equity at CDPQ, steered the institutional investment for the Canadian asset manager, targeting the company's established market presence in sustainable mobility and specialized industrial efficiency. Final closing of the transaction remains subject to customary regulatory clearances and mandatory statutory consultations with the relevant employee representative works councils in accordance with French labor law. Through this buy-side partnership, Groupe Delachaux secures a stable governance framework combining family majority control with the scale of a global institutional sponsor to drive the next stage of its international industrial roadmap.