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KPS CAPITAL PARTNERS TO ACQUIRE CONTROLLING STAKE IN NOVACEL FROM COMPAGNIE CHARGEURS INVEST SA
KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has entered into a definitive agreement under which KPS will acquire a controlling stake in Chargeurs Films de Protection SAS ("Novacel" or the "Company"). The selling shareholder, Compagnie Chargeurs Invest SA ("Chargeurs") (ENXTPA:CRI) will invest alongside KPS and retain a 25% ownership interest in the Company. Financial terms of the transaction were not disclosed. Completion of the transaction is expe
About this update from Compagnie Chargeurs Invest
[{"type":"text","content":"NEW COMPANY WILL BE A LEADING MANUFACTURER OF SURFACE PROTECTION SOLUTIONS ","length":74,"tagName":"p","attribs":{}},{"type":"text","content":"COMPAGNIE CHARGEURS INVEST SA TO RETAIN 25% OWNERSHIP INTEREST","length":62,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, Jan. 26, 2026 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has entered into a definitive agreement under which KPS will acquire a controlling stake in Chargeurs Films de Protection SAS ("Novacel" or the "Company"). The selling shareholder, Compagnie Chargeurs Invest SA ("Chargeurs") (ENXTPA:CRI) will invest alongside KPS and retain a 25% ownership interest in the Company. Financial terms of the transaction were not disclosed. Completion of the transaction is expected in the second quarter of 2026 and is subject to customary closing conditions and approvals.","length":686,"tagName":"p"},{"type":"image","alt":"KPS Logo","displaySize":"","headline":null,"caption":"KPS Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":147,"url":"https://media.zenfs.com/en/prnewswire.com/c569bea512e205ba5ea3260eed22de8a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TNOfvZ0vjEKmq8hPZX65qg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI1OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c569bea512e205ba5ea3260eed22de8a","width":400,"height":147}}},{"type":"text","content":"Novacel is a leading global manufacturer of surface protection solutions across building exterior, building interior & equipment, industrial, appliances and transportation end-markets. The Company offers a full suite of solutions, including process and protection films, tapes, papers and specialty machines. Novacel is headquartered in Deville, France, has approximately 700 employees and operates six manufacturing facilities and three R&D centers across France, Italy and the United States.","length":506,"tagName":"p"},{"type":"text","content":"Pierre de Villeméjane, Partner and Co-Head of KPS Mid-Cap Investments, said, "We are excited to acquire a controlling stake in Novacel, a differentiated surface protection solutions manufacturer with a diverse product portfolio, broad geographic footprint, best-in-class R&D capabilities and an ...