DURO-LAST acquired by HOLCIM GROUP

The acquisition of Tapì by Stirling Square Capital Partners marks a significant milestone in the company's history, as it transitions from Wise Equity's ownership to a new phase of growth and development. The strategic rationale behind the deal is rooted in Stirling Square's recognition of Tapì's market-leading position in the luxury closures market and its potential for further expansion. With its strong brand reputation, innovative products, and global customer base, Tapì is well-positioned to capitalize on the growing demand for premium and luxury packaging solutions

Aimia Inc. acquired a majority stake (~94%) in Giovanni Bozzetto S.p.A. from Chequers Capital and other minority shareholders. The transaction was a partnership with Paladin Private Equity, which received an option to acquire up to 19.9% of the equity. The strategic goal was to leverage Bozzetto’s ESG leadership to expand into the Americas and Asia through organic growth and accretive M&A.

This transaction represents the transition of Mearthane Products Corporation from a family-founded mid-market business into a well-capitalized institutional platform, marking the fourth corporate investment executed via Compass Group Fund II. The transaction is designed to inject the growth capital and strategic corporate development resources necessary to transform a localized polymer specialist into a scaled, multi-technology consolidator of the highly fragmented advanced materials and thermoset polyurethane sectors

Motion Equity Partners acquired a majority stake in Tournaire alongside the founding family to accelerate the group's global development and industrial modernization. The strategic rationale is built on two pillars: geographical expansion into new high-growth markets and the capitalization on the environmental trend favoring aluminum as a sustainable, recyclable alternative to plastic packaging. Motion intends to leverage Tournaire's unique product range to capture market share in the pharmaceutical and fine chemical sectors while implementing an ambitious buy-and-build strategy to consolidate the specialized technical packaging market in Europe and North America

This bilateral transaction represents the 100% equity buyout of Esbelt by NetCo Group through the Richemon Group International holding structure, fulfilling Ardian's investment thesis of capturing margin expansion via cross-border upstream vertical integration. The acquisition achieves the complete exit of the founding Trius Traserra family (via the Intriu holding) and Italian financial co-investor Lariat, while establishing management continuity by retaining Chief Executive Fede Segura to preserve the target's engineering expertise and local market relationships

Turpaz Industries, acting through its wholly owned subsidiary Turpaz USA, has executed a definitive agreement to acquire an 81% majority stake in Klabin Fragrances. The deal structure incorporates performance-based adjustments for the 2022 fiscal year and includes a put/call option mechanism for the remaining 19% equity interest, exercisable for a one-year period beginning January 1, 2026. The acquisition is financed through a combination of independent corporate resources and external bank financing

The acquisition of a majority stake in Clayens Group by One Equity Partners marks the exit of the previous majority shareholder, Siparex, which alongside existing co-investors and the incumbent management team led by CEO Eric Pisani, will reinvest as minority partners to maintain corporate continuity. Under Siparex’s stewardship since 2019, the group scaled its operations from €273 million to over €350 million in trailing twelve-month revenue, primarily driven by the execution of four strategic add-on acquisitions that expanded its geographic and technological footprint

This public-to-private merger transaction represents the complete delisting of Trecora Resources from the New York Stock Exchange via a cash tender offer executed by Balmoral Funds, concluding an intensive seven-month formal strategic review process that involved outreach to 72 financial and strategic counterparties. The transaction was catalyzed by public market underperformance and constructive friction with major activist shareholders, including Bradley L. Radoff, prompting the board to implement a limited-duration shareholder rights plan to stabilize the competitive bidding environment and maximize common equity cash returns

This primary recapitalization transaction formalizes the partnership between LFM Capital and Novex, representing the second platform acquisition out of LFM’s third fund and marking the transition of the business from a family-run enterprise into an institutionalized manufacturing platform. The deal structure features an extensive equity rollover by founder and Chief Executive Officer Chuck Lynn alongside his family, preserving complete executive alignment, safeguarding proprietary product-formulation intellectual property, and ensuring stable customer relationship continuity across the wholesale network

The executive team of Safic-Alcan successfully organized a new Management Buyout (MBO) to reorganize its capital and reinforce management control. The transaction values the group above €1.0 billion, a significant milestone following a period of record growth. The deal marks a leadership transition, with Yann Lissillour succeeding Martial Lecat as CEO. A key feature of this transaction is the expansion of the employee shareholder base, with the goal of having over 500 employees holding equity. The financial sponsors provided a mix of equity and bond financing (obligations) to allow the management team to "re-lever" and strengthen their majority position