Michelin has announced a definitive agreement to acquire the entire stake of The Flexitallic Group from the private equity firm Bridgepoint. This transaction marks a strategic exit for Bridgepoint, which first partnered with the business in 2013 and guided it through a significant transformation. For Michelin, the acquisition represents another major step in its diversification strategy, adding a complementary "High-Tech Materials" platform with a strong industrial client base. Flexitallic's expertise in sealing technologies and joint integrity aligns perfectly with Michelin's competencies in high-performance materials. The deal is expected to close in the first half of 2026, subject to customary regulatory approvals. The acquisition will allow Flexitallic to leverage Michelin's global R&D and industrial capabilities to accelerate its growth in new markets.

This transaction is part of the Industry & Manufacturing industry, which currently tracks an average EBITDA multiple of 10.2x since the beginning of 2026, 2.1% increase compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.