Apollo-Managed Funds Acquire 37% Minority Stake in Syntegon from CVC Capital Partners

Apollo Funds To Acquire Majority Stake in Kelvion

August 13, 2025

Industrial Services

Apollo plans to acquire a majority stake in Kelvion, a global provider of energy-efficient heat exchange and cooling solutions, in a deal valued at about €2 billion. Apollo will purchase the stake from funds advised by Triton, which will retain a minority interest; the transaction is expected to close after regulatory approvals, between Q4 2025 and Q1 2026.

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.

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.

maxon Group Acquires Minority Stake in Synapticon

July 16, 2025

Manufacturing

Swiss precision drive maker maxon Group has acquired a minority stake in German motion-control specialist Synapticon to form a strategic collaboration. The partnership will jointly develop high-performance drive solutions with integrated functional safety, targeting markets such as robotics, medical technology, intralogistics and industrial automation.

Apollo Funds to Acquire Majority Stake in Prosol Group

December 23, 2025

Consumer Products

Apollo announced it agreed to acquire a majority stake in Prosol Group, a French fresh food retail operator, from Ardian. Prosol’s existing shareholders and management will reinvest, and the deal is expected to close in Q2 2026 subject to regulatory approvals and customary closing conditions.

Apheon Acquires Majority Stake in Hittech Group

November 12, 2024

Manufacturing

Apheon, a pan‑European private equity firm, has acquired a majority stake in Hittech Group from the company's founders and a consortium of private shareholders. The investment will support Hittech's growth plans — expanding its operational footprint, capabilities and entry into new geographies and end markets — while management and existing investors retain significant stakes.