SYENSQO OIL & GAS BUSINESS UNIT acquired by SNF GROUP

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

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

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

Mosaiq Group has acquired 100% of Redmark S.r.l., marking its first add-on acquisition since the platform's formation exited the business. The acquisition integrates Redmark's specific expertise in leather and sustainable branding materials into the broader Mosaiq portfolio. The deal was executed through Bulgarelli Production, one of Mosaiq's portfolio companies. The transaction strengthens Mosaiq's international presence via Redmark's Chinese and Turkish branches.

Idé-Pro BE Holding ApS has been acquired by SP Group A/S. The transaction was announced in December 2025 and completed on the same day, with the parties signing a definitive agreement that transfers ownership of Idé-Pro’s Danish and Indian manufacturing assets, its proprietary digital platform and its established sales network across Northern Europe. The acquisition concludes a period in which Idé-Pro was jointly owned by its founder and a private‑equity investor, during which the company expanded its engineering centre in Bangalore and reinforced in‑house toolmaking capacity in Denmark

Holcim has finalized the 100% acquisition of Alkern from the private equity firm Chequers Capital. This transaction marks the final exit for Chequers, which had supported Alkern’s growth since 2016. The strategic rationale for Holcim is the immediate reinforcement of its "Construction Solutions" pillar in the French market, positioning it alongside its existing Lafarge and PRB operations. The deal received clearance from the French Competition Authority in late December 2025. Alkern will maintain its operational autonomy, brand identity, and current management team led by Xavier Janin

Following a comprehensive strategic review of its lubricants subsidiary, British energy major bp has reached a definitive agreement to divest a 65% majority stake in Castrol to alternative investment firm Stonepeak. This corporate carve-out accelerates bp's reset strategy to simplify its downstream portfolio and optimize its asset base. Accordingly, the net cash proceeds will be entirely allocated toward debt reduction. While relinquishing operational control, bp retains a 35% minority interest in a newly incorporated joint venture, maintaining strategic exposure to the brand's performance with the optionality to fully monetize its remaining shares after a two-year lock-up period

This transaction involves the carve-out of Bodycote's French heat treatment operations, a UK-listed group, as part of a strategy to refocus on its core activities. The deal comprises the sale of ten French industrial sites, consolidated under a new entity called Methal, to an investment structure combining the Arcole fund, which holds a majority stake, and the Benalu-Legras industrial group, which takes a strategic minority interest. This partnership brings together financial capital and industrial expertise to support the creation of a new, independent heat treatment player in France

Compagnie Chargeurs Invest entered into exclusive negotiations to sell a 75% controlling stake in Novacel to KPS Capital Partners, while retaining a 25% minority interest. The all-cash transaction is part of a broader portfolio rebalancing strategy for Chargeurs, allowing the group to reduce debt, strengthen equity, and focus resources on its "Museum Studio" and "Fashion" divisions. For Novacel, backing from KPS provides the capital necessary to pursue external growth and deeper expansion in Asia and LATAM