Stock price on 24/01/2020 - 17:35
Acquisition of a stake in Ipackchem by Sagard
In February 2017, Sagard 3 acquired a stake in Ipackchem, one of the global leaders in the manufacturing of “barrier” packaging, whose products are mainly used in the transport and storage of aromas, fragrances and agrochemical products for which permeability, contamination and evaporation constraints are critical.
Fund-raising by Sagard 3
During the fourth quarter of 2016, Sagard 3 raised EUR 404 million in additional capital, subscribed by Sienna Capital for EUR 17 million, as well as by nine other European institutional investors.
Acquisition of a stake in Prosol by Sagard
On 25 March 2016, a group of investors led by Sagard announced that they had signed an agreement with Denis Dumont, founder of and majority shareholder in Grand Frais, to acquire a minority stake in Prosol, the parent company of the group. Grand Frais is a French chain of stores specialised in the sale of fresh products.
Sale of FläktWoods
Sagard and Equistone signed an agreement to sell FläktWoods to Triton. This transaction was completed in October 2016 and generated a consolidated capital gain of EUR 12 million (GBL share).
Sale of Cérélia by Sagard II
In July 2015, sale of Sagard II’s stake in Cérélia, generating a capital gain of EUR 14 million (GBL share).
Acquisitions and sale by Sagard III
New acquisitions by Sagard III during 2015 : Safic-Alcan, Délices des 7 Vallées and Alvest. This fund also successfully completed the disposal of the Santiane group in September 2015, generating a capital gain of EUR 7 million (GBL share).
Sale by Ergon Capital Partners II and Sagard II of their shareholding in Corialis
Ergon Capital Partners II (ECP II) and Sagard II completed on 30 October 2014 the sale of their shareholding in Corialis, a leading European manufacturer of extruded, coated and insulated aluminium profiles for doors, windows and verandas.
This transaction generated in 2014 a consolidated net profit of EUR 41 million (attributable to GBL).