on CHARGEURS (EPA:CRI)
Chargeurs Concludes Sale of Novacel to KPS Capital Partners
On May 19, 2026, Chargeurs announced the successful completion of Novacel's sale to KPS Capital Partners. This transaction marks a significant milestone, underscoring Chargeurs' strategic focus on portfolio rotation and premium assets. Novacel, a leader in industrial process films, reported a 3.3x return on invested capital over a decade, with an IRR exceeding 15%.
Chargeurs retains a 17% minority stake, aligning with KPS to expand Novacel’s growth. The sale yielded €225 million in cash, realized an estimated €50 million capital gain, and strengthens Chargeurs’ balance sheet. Moreover, a potential €1.50 per share dividend could be declared by June 2027.
CEO Michaël Fribourg emphasized the strategic shift towards premium content and rare assets under the "Architect of Rarity" brand. Chargeurs aims to exceed a net asset value of €1 billion by 2030, backed by robust financials and focused investments.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all CHARGEURS news