FREPPEL IMPRIMEUR acquired by STRATUS PACKAGING

The group has finalized an agreement to acquire the target from One Rock Capital Partners, a maneuver designed to fundamentally expand its manufacturing capabilities in the growing West Coast region. The strategic rationale for this transaction centers on a "network-flexibility" play, merging the target's industry-leading technical operational depth in recycled fiber milling with the group’s established global distribution and containerboard framework. This structural alignment provides the organization with the scientific talent and high-performance hardware (specifically the target's three specialized machines) required to address the increasing demand for lightweight, high-performance recycled packaging

The Swedish investment holding has signed a definitive agreement to acquire a majority interest in the target, marking its first transaction in the Italian market for the 2026 fiscal year. This operation follows a high-velocity acquisition pipeline aimed at consolidating a portfolio of high-performing "Made in Italy" industrial champions. The strategic rationale for the move centers on the integration of a highly profitable niche specialist into the group’s multidisciplinary industrial business area

Wendel signed an agreement for the sale of the entire share capital of Stahl to the German industrial group Henkel. The transaction was intermediated by two leading international investment banks. This operation marks the exit of Wendel after a 20-year investment period, as well as the exit of industrial partners BASF and Clariant. The scope of the sale excludes leather chemical activities, which were previously carved out into a new entity named Muno. For Wendel, this historic exit generates net proceeds of EUR1

DSM-Firmenich has agreed to sell a majority interest in its Animal Nutrition and Health (ANH) business to CVC Capital Partners. Under the terms of the agreement, DSM-Firmenich will retain a 20% minority stake to benefit from future upside. The transaction structure involves a combination of cash proceeds (~EUR600 million) and the transfer of debt/liabilities (~EUR500 million) to the new standalone entity. Additionally, the deal includes an earn-out component based on future performance. Post-closing, the business will be operationally split into two separate entities: "Solutions Company" and "Essential Products Company," both headquartered in Switzerland

This corporate carve-out transaction marks the full acquisition of Axillon Aerospace’s industrial composites business by Mearthane Products Corporation, representing the platform's latest programmatic transaction over a multi-year period and accelerating its long-term capital deployment strategy. By acquiring an active, fully staffed facility in Cincinnati, Mearthane bypasses greenfield capital expenditure timelines to achieve immediate capacity expansion, alleviating internal manufacturing bottlenecks while securing operational continuity under the leadership of senior production manager Kevin Perkins

Sagard acquired a majority stake in Essences & Parfums from Trajan, which exited the business alongside minority investors Bpifrance, Smalt Capital, and the original founders. The transaction, completed following a swift three-month competitive process managed by an investment bank, saw strong interest from both financial sponsors and industrial players. The current management team, led by President Samuel Desprets, significantly reinvested in the deal. The transaction was financed via a unitranche debt facility provided by Eurazeo

One Equity Partners acquired a majority stake in Giovanni Bozzetto from the Canadian diversified holding company Aimia Inc. and Paladin Private Equity. The transaction followed Aimia's brief ownership period (since May 2023), during which the group expanded into Central America via the acquisition of StarChem. OEP plans to leverage its industrial expertise to accelerate Bozzetto's international expansion, particularly in the Americas and Asia, while doubling down on "Green Chemistry" innovations

Syensqo has finalized the divestment of its Oil & Gas Business Unit to SNF Group. The strategic rationale for the sale is to advance Syensqo’s "pure play specialty" strategy, allowing the company to sharpen its strategic focus and reallocate capital toward its core science-led businesses. For SNF Group, the acquisition represents a significant milestone in its growth strategy, strengthening its competitive position in the global energy market. The integration of Syensqo’s oilfield stimulation chemicals portfolio and its 600 employees provides SNF with enhanced R&D capabilities and access to established customer networks

Arkea Capital acquired a 20% stake in Bartolac, marking the first time the family-owned group has opened its capital to an outside investor. The transaction facilitates the financial exit of the founding generation while supporting the second generation (Planeix family). The capital injection is intended to accelerate organic growth (targeting 7-12% annually) and fund strategic acquisitions in Europe and Asia.

Inessens has completed the acquisition of 100% of Le Sanglier Packaging from its founder. The strategic rationale for the transaction is to enhance the complementarity within the Inessens group, specifically by strengthening its expertise in cardboard packaging. This integration allows Inessens to offer a more complete and qualitative product range to its existing client base in the wine and spirits sectors. For Le Sanglier Packaging, the deal provides the necessary resources to ensure long-term sustainability and benefit from group-level synergies while preserving its local identity and industrial values