Asterion Industrial Partners Agrees to Acquire Fraikin

October 13, 2026

Asterion Industrial Partners entered into an exclusive agreement to acquire Fraikin from its majority shareholders, affiliates of Benefit Street Partners, Värde Partners, and Canyon Partners. The transaction is expected to close in the first quarter of 2027, subject to employee consultation processes and regulatory approvals; Asterion plans to invest in Fraikin’s fleet, operating platform, lower-carbon mobility transition, and digital capabilities.

Targets
Fraikin
Sellers
Affiliates of Benefit Street Partners, Affiliates of Värde Partners, Affiliates of Canyon Partners
Industry
Trucking & Fleet
Location
Île-de-France, France
Transaction Type
Buyout

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