MARTIN MARIETTA STCC acquired by CRH

Constantia Flexibles has successfully completed the acquisition of a majority stake in Aluflexpack AG. The transaction was structured in two phases: the acquisition of a 57% controlling block from the main shareholders, followed by an all-cash public tender offer for all remaining publicly held shares. The strategic rationale for the merger is to create a European champion in flexible packaging with an enhanced technology portfolio and a significantly broader geographical footprint, specifically expanding Constantia's presence in Poland, Türkiye, and Southeast Europe

This transaction represents the enterprise's fifth consecutive leveraged buyout, orchestrated as a majority primary acquisition by the incoming private equity consortium. The operation allows the historical financial sponsors to achieve a complete and successful exit. A crucial element of this newly structured capitalization is the significant reinvestment from the incumbent executive team, alongside the integration of new key managers into the shareholder base, ensuring total strategic alignment

Clayton, Dubilier & Rice (CD&R) has completed the acquisition of Veritiv Corporation in a public-to-private transaction. Under the terms of the agreement, CD&R acquired all outstanding shares of Veritiv common stock for $170.00 per share in cash. The strategic rationale for the acquisition is to support Veritiv’s ongoing transformation into a pure-play leader in specialty packaging distribution. By moving to a private ownership structure, Veritiv gains the financial and operational flexibility necessary to accelerate its "buy and build" strategy and invest in further supply chain optimizations

Greif has finalized the acquisition of Ipackchem. The transaction was funded through Greif's existing credit facility and is expected to be immediately accretive to EBITDA margins. This strategic move allows Greif to capture $14.7 million in annual synergies by integrating Ipackchem's global operations into the Greif Global Industrial Packaging segment. The acquisition is a cornerstone of Greif's expansion into high-performance small containers, providing the group with advanced barrier technology capabilities and a stronger presence in the agrochemical market worldwide

Mellby Gård AB crossed the 30% mandatory bid threshold in August 2023, a maneuver designed to fundamentally transition its role from the largest shareholder to the controlling parent of Duni Group. The strategic rationale for this transaction centers on a "long-term conviction" play, merging the target's industry-leading technical operational depth in circular dining solutions with the group’s established reputation as a stable, decentralized partner. This structural alignment provides the organization with the strategic certainty required to execute a multi-year transition toward reusable packaging and bio-based materials

Tessilbiella has been acquired by Athena Holding, which now holds a 70% equity interest in the company following a capital increase financed by a consortium of investors and a senior loan from Intesa Sanpaolo. The transaction concluded after Athena Holding, together with several family offices and individual investors, subscribed to new shares issued by Aracne Holding, the direct shareholder of Tessilbiella, thereby consolidating control while the Crosa family retained a 30% stake and continued operational responsibilities

Apollo Global Management, alongside a minority investment from Irenic Capital Management, has finalized the acquisition of Arconic Corporation, transitioning the entity to private ownership. The strategic rationale for this transaction centers on a "long-term-value" play, merging the target's industry-leading metallurgical capabilities with the acquirer's extensive experience in the aluminum fabrication sector. This fusion effectively provides the organization with the strategic backing required to pursue a definitive structural transformation, focusing on state-of-the-art process controls and the modernization of key machine centers

Michelin has successfully completed the acquisition of 100% of the share capital of Flex Composite Group (FCG) from the investment firms IDI and Andera Partners. This transaction is a cornerstone of Michelin's strategy to expand its "High-Tech Materials" division beyond tires. By integrating FCG, Michelin creates a new powerhouse in polymer composite solutions, unlocking deep innovation synergies. FCG's expertise in engineered fabrics and films perfectly complements Michelin's own R&D capabilities, allowing for cross-fertilization in product development for sectors like electric mobility and sustainable construction

AGIC Capital acquired a majority stake in Pure Trade from Sparring Capital, which had held the investment since February 2020. During Sparring's holding period, the group demonstrated strong resilience through the Covid crisis and expanded its global footprint with offices in Paris, Barcelona, Hong Kong, Shenzhen, Shanghai, and New York. The transaction is designed to support the next phase of international development, particularly in the US and Asia, as the group targets €90M in revenue for 2023

This programmatic bolt-on acquisition involves the 100% equity absorption of Polytec PT by Arkema to be integrated within the Bostik Adhesive Solutions corporate structure, executing on a long-term capital allocation blueprint to transform the acquirer into a turnkey system provider for the global electric vehicle and electronics supply chains. Scheduled to close in the second quarter of 2023, the transaction converts a regional technical specialist into an institutionalized asset, leveraging established co-development initiatives between the two engineering teams to achieve immediate post-closing operational integration while ensuring complete management continuity