REBOUL acquired by APTARGROUP

Parcom Capital acquired a 60% majority stake in 247TailorSteel from its founder, Carel van Sorgen. The transaction was designed to solve the founder's succession while providing the industrial group with the financial muscle to accelerate its European rollout.

Platinum Equity has entered into a definitive agreement to acquire Multi-Color Corporation in a transaction valued at an enterprise value of $2.5 billion. This acquisition serves as a massive transformative add-on for Platinum's existing portfolio company, WS Packaging Group. The merger combines MCC's global footprint and leadership in premium label segments (Wine & Spirits, Healthcare) with WS Packaging's extensive domestic manufacturing network and pressure-sensitive capabilities. The deal will take MCC private, delisting it from the NASDAQ, and is financed through equity from Platinum Capital Partners IV LP and debt financing from Bank of America Merrill Lynch and Deutsche Bank.

Lindsay Goldberg has acquired the "Global Rigid" division of Coveris Holdings S.A. Coveris, owned by Sun Capital Partners, sold this division as part of a broader deleveraging strategy (simultaneously selling its Americas division). The Rigid business will be separated from the Flexible business and operate as a standalone entity (later rebranded PACCOR). The deal followed a competitive auction where Ardian and Triton were underbidders.

As part of one of the biggest LBO since 2008, a consortium formed by The Carlyle Group and GIC acquired 100% of AkzoNobel Specialty Chemicals in a landmark corporate carve-out transaction. The deal was structured via a competitive bidding process under a definitive share purchase agreement, outnegotiating rival private equity syndicates including Apollo Global Management, Bain Capital, Advent International, and Hal Investments. The transaction was financed via a high-leverage capital structure comprising institutional sponsor equity alongside €6.5 billion in senior secured acquisition debt, representing a leverage ratio of 6.5x EBITDA. The debt package was arranged by a tier-one global banking syndicate led by Barclays, HSBC, and JPMorgan, alongside Citi, Credit Suisse, Deutsche Bank, RBC, and UBS, and included an additional €800 million in undrawn revolving credit lines. Under the binding terms of the agreement, Carlyle committed to maintaining the standalone entity’s corporate headquarters in the Netherlands.

Alliance Etiquettes has finalized a transformative transaction by integrating Groupe Etienne, a significant competitor based in the Loire Valley. This deal represents a major milestone in the consolidation of the French label market. By combining Alliance Etiquettes' existing operations with Groupe Etienne's six production sites, the new entity becomes the undisputed French leader in wine labels. Under the terms of the agreement, Activa Capital remains the majority shareholder with 60% of the new entity, while the management teams of both Alliance Etiquettes and Groupe Etienne hold the remaining 40%. The financial investors previously backing Groupe Etienne (LT Capital, Sodero Gestion, Alliance Entreprendre) have fully exited their positions.

Bain Capital acquired a controlling majority stake in Fedrigoni S.p.A. The deal marks the end of a three-year search for a financial partner by the Fedrigoni family, who had previously withdrawn a planned IPO in 2014 and rejected offers from other investors (including Charme, Edizione, and Investindustrial) due to valuation disagreements. The founding family achieved their target price and will reinvest to retain a minority stake, ensuring continuity.

PPG fully acquires The Crown Group from private equity firms High Road Capital Partners and Charter Oak Equity to strengthen its service capabilities in the North American industrial coatings market. The primary rationale underpinning this acquisition is to significantly broaden the acquirer's downstream service offerings, allowing it to provide highly integrated, end-to-end coating solutions to major industrial and automotive manufacturers.

Multi-Color Corporation has successfully completed the acquisition of the Labels Division of Constantia Flexibles in a cash-and-stock transaction. This transformative deal combines two of the world's largest label manufacturers to create a global industry leader with a balanced and diversified portfolio. Under the agreement, Constantia Flexibles divests its labels business to focus exclusively on flexible packaging, using the cash proceeds to deleverage its balance sheet. In return, Constantia becomes the largest single shareholder of Multi-Color Corporation, retaining a 16.6% equity stake in the combined entity. The merger integrates Constantia's strong footprint in the food and beverage sectors with MCC's dominance in the wine, spirits, and home & personal care markets, significantly expanding the group's global reach and technological capabilities.

The transaction involves the sale of Esmalglass by Investcorp to Lone Star Fund X. This deal marks an important step in Investcorp's strategy, which has worked with Esmalglass' management team to solidify the company's position in international markets and extend its product offering. The sale of Esmalglass to Lone Star Fund X allows Investcorp to achieve an excellent return on investment for its shareholders. The company has doubled its revenue and EBITDA under Investcorp's ownership, thanks to strong organic growth and the acquisition of Fritta in 2015. The transaction was advised by Lazard and Jones Day, who acted as financial and legal advisors to Investcorp, respectively.

The strategic acquisition of Tapì Group by Wise Equity Fund marks a significant milestone in the company's history, providing Tapì with the necessary resources to achieve its ambitious growth targets. The deal is expected to enhance Tapì's competitiveness, drive further expansion into international markets, and strengthen its focus on research and development. With Wise Equity Fund's support, Tapì aims to double its turnover over the next five years, building on its existing strengths and leveraging the firm's expertise and network to drive growth. The acquisition is also expected to have a positive impact on the packaging industry, as Tapì continues to innovate and expand its product offerings. The deal is a testament to the attractiveness of the Italian packaging industry and the growth potential of companies like Tapì, which have established themselves as leaders in their niche markets. The partnership between Tapì and Wise Equity Fund is expected to create new opportunities for both parties, driving growth, innovation, and job creation in the industry. As the packaging industry continues to evolve, the acquisition of Tapì by Wise Equity Fund is well-positioned to drive future growth and expansion, both in Italy and internationally.