Apollo Funds to Acquire Tenneco in $7.1 Billion All-Cash Deal

Apollo Funds to Acquire Arconic in $5.2B All-Cash Deal

May 4, 2023

Manufacturing

Arconic Corporation entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management in an all-cash transaction valued at approximately $5.2 billion. The deal includes a minority investment from funds managed by affiliates of Irenic Capital Management, and Arconic shareholders will receive $30.00 per share.

Apollo Funds Completes Acquisition of Barnes Group for $3.6 Billion

January 27, 2025

Industrial Services

Funds managed by affiliates of Apollo Global Management (the Apollo Funds) completed an all-cash acquisition of Barnes Group, valuing Barnes at approximately $3.6 billion. Barnes shareholders received $47.50 per share, and Barnes was delisted from the NYSE to become privately held.

Apollo Funds to Acquire Majority Stake in Novolex

February 14, 2022

Packaging

Funds managed by Apollo affiliates have entered into a definitive agreement to acquire a majority stake in Novolex from funds managed by Carlyle, with Carlyle retaining a minority interest. Novolex, a leading sustainable packaging manufacturer headquartered in Hartsville, South Carolina with more than 10,000 employees and 57 manufacturing facilities, will look to leverage Apollo's resources to expand customer relationships, sustainability initiatives and product innovation.

Athene and Apollo to Acquire Controlling Stake in Aqua Finance

November 29, 2021

Financial Services

Athene has agreed to acquire a controlling stake in Aqua Finance, a Wisconsin-based consumer lending platform, at a valuation of about $1 billion. Apollo will manage the investment on Athene’s behalf, while funds managed by Blackstone Tactical Opportunities will retain a minority stake.

Univar Solutions Acquired by Apollo Funds in $8.1 Billion Deal

August 1, 2023

Industrial Services

Apollo Funds, including a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), will acquire Univar Solutions in an all-cash transaction valued at approximately $8.1 billion. Under the terms of the agreement, Univar shareholders will receive $36.15 per share, and Univar will become privately held after completion.

Apollo Funds to Acquire Covis Pharma from Cerberus

February 6, 2020

Pharmaceuticals

Funds managed by affiliates of Apollo Global Management have agreed to acquire Covis Pharma BV from an affiliate of Cerberus Capital Management. Terms were not disclosed; the transaction is expected to close by the end of Q1 2020 and aims to accelerate Covis's global expansion and build out its respiratory and specialty pharma franchises.