#USA #New York #KPS Capital Partners #Novacel #Chargeurs Invest

KPS Capital Partners' Acquisition of Novacel

KPS Capital Partners, LP, a prominent private equity firm, has announced the acquisition of a majority stake in Novacel, a leading manufacturer of surface protection solutions. This acquisition is made possible through a newly formed affiliate company, solidifying KPS's position in the industrial sector. The seller, Chargeurs Invest SA, retains a significant 25% stake in Novacel, highlighting confidence in the company’s future growth.

The financial terms of the deal were not disclosed, but the transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory approvals. Novacel, known for its extensive range of surface protection products, operates globally, providing solutions for various markets including construction, transportation, and consumer goods. Headquartered in Deville, France, Novacel employs approximately 700 individuals across six production sites and three research and development centers located in France, Italy, and the United States.

Pierre de Villeméjane, a partner and co-head of KPS Mid-Cap Investments, expressed enthusiasm about acquiring a majority interest in Novacel, emphasizing its diversified product portfolio and strong geographical presence. He noted that Novacel’s solutions are vital for the manufacturing processes of its customers in numerous applications. The partnership aims to leverage KPS’s operational resources to enhance Novacel’s stature in the market.

Philippe Denoix, CEO of Novacel, echoed these sentiments, indicating that KPS's focus on operational excellence and innovation will play a crucial role in Novacel's growth as it transitions into an independent company. Denoix looks forward to collaborating closely with KPS to bolster Novacel’s technical leadership and introduce innovative, high-quality products.

Michael Fribourg, the CEO of Chargeurs, highlighted the strategic vision of KPS for Novacel, particularly in expanding its market presence through potential mergers and acquisitions in the surface protection sector. The investment from Chargeurs alongside KPS underscores a shared belief in Novacel’s future growth trajectory.

KPS Capital Partners has a track record of achieving substantial value by investing in manufacturing and industrial companies across various sectors, including consumer products and health. The firm manages approximately $19.5 billion in assets as of September 30, 2025, focusing on enhancing the strategic position and operational capabilities of its portfolio companies.

In conclusion, this acquisition marks a significant milestone for both KPS and Novacel. Collaborating with Chargeurs Invest, KPS intends to drive Novacel towards innovative growth and market leadership, reinforcing its reputation as a leading manufacturer of surface protection solutions. As the industry awaits the finalization of this deal, the focus will be on the synergy created through this partnership and the potential for expanded offerings in surface protection technology.

For more details on Novacel, please visit www.novacel-solutions.com. To learn about Chargeurs Invest, go to www.chargeurs.com. For insights into KPS Capital Partners and their investment strategy, explore www.kpsfund.com.