POLYTEC PT acquired by ARKEMA

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

Trajan acquired a majority stake of less than 60% in Essences & Parfums to facilitate the founders' retirement and the company's succession. The founders rejected acquisition offers from corporate groups to preserve the brand's independence, opting instead for a financial partnership. The deal was structured as a competitive process involving several sponsors: Bpifrance and Smalt Capital acquired approximately 20% of the capital, the founders retained about 20%, and the new management team took a stake of less than 10%

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

Airbus, Safran, and Tikehau Capital have completed the acquisition of Aubert & Duval from the Eramet group, marking a landmark transaction for the European critical metals industry. This deal is part of a joint investment vehicle established by Airbus, Safran, and Tikehau Capital, with the support of public authorities, to secure the industrial sovereignty of the aerospace and defense sectors. The acquisition comes at a time when Aubert & Duval was facing operational challenges, including industrial difficulties and deteriorating financial performance, prior to the takeover

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.

Holcim has successfully entered into a definitive agreement to acquire 100% of Duro-Last, a move that establishes the group as a dominant force in the North American commercial roofing market. This strategic transaction marks a significant acceleration of the group’s "Strategy 2025," aimed at expanding its Solutions & Products division to represent 30% of total group sales. The strategic rationale centers on the integration of a highly profitable, high-growth platform that complements the group’s existing building envelope portfolio through proprietary thermoplastic technology and custom-made roofing solutions

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

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