ACON Investments Acquires Majority Stake in Siex 2001, S.L.

Sumitomo Corporation Acquires Saconix LLC

June 8, 2023

Industrial Services

Sumitomo Corporation, through Sumitomo Corporation of Americas, has completed the acquisition of Saconix LLC from Copperbeck Energy Partners, making Saconix a wholly owned subsidiary of the Sumitomo Corporation Group. The deal adds sulfuric acid storage tanks and transloading facilities in the U.S. West and Gulf Coast, expanding Sumitomo's North American logistics capacity and boosting its global sulfuric acid trading and storage footprint.

ACON Investments Acquires Stake in Sapore S.A.

April 5, 2022

Food & Beverage

ACON Investments and affiliates of ACON Latin America Opportunities Fund V, L.P., together with co-investors, acquired an equity stake in Sapore S.A., Brazil’s largest privately‑owned corporate foodservice company. The investment will fund Sapore’s expansion and technology initiatives and support the existing shareholders and management as they prepare the company for a potential IPO.

ACON Investments Acquires Novipax

December 1, 2020

Packaging

ACON Investments has acquired Novipax, the U.S. market leader in absorbent pads for fresh meat and poultry packaging, from Atlas Holdings. The transaction transfers Novipax's absorbent pad manufacturing facilities and headquarters in Oak Brook, Illinois, to ACON, while the tray business is excluded from the sale and will operate separately as NPX ONE.

ACON Investments Acquires Majority Stake in Sola de Antequera (Alsur)

July 31, 2020

Food & Beverage

ACON Investments, together with Madrid-based Quarza Inversiones, acquired a majority stake in Sola de Antequera S.A. (Alsur), a producer, processor and distributor of preserved and canned vegetables with production facilities in Spain and Peru and sales across Spain and the United States. The Jiménez Family and Mario Mustafá Aguinaga retain a significant minority stake; ACON said the strategy will focus on expanding Alsur's footprint in Spain and accelerating growth into the U.S.

ACON Investments Acquires Majority Stake in Salesland, S.L.

February 19, 2020

Marketing & Advertising

Affiliates of ACON Investments' Latin America Opportunities Fund IV acquired a majority interest in Salesland, S.L., a Madrid- and Bogotá-headquartered provider of direct sales and marketing services. Salesland's founder and management rolled over a portion of their equity and will remain significant minority shareholders as ACON supports the company’s organic growth and geographic expansion into the United States and further European markets.

ACON Investments Acquires Pine Environmental Services from Saw Mill Capital

January 7, 2020

Environmental Services

ACON Investments has acquired Pine Environmental Services, LLC, the largest independent provider of environmental test and measurement equipment solutions in North America, from Saw Mill Capital. Pine — based in Windsor, New Jersey with 38 locations across the U.S. and Canada — will retain significant management ownership alongside ACON; terms were not disclosed.