Siparex ETI Acquires Majority Stake in Sintex NP (European Subsidiary of Sintex Group)

Nactarome Group Acquires Plantex SAS

October 16, 2025

Food & Beverage

Nactarome Group, majority owned by private equity firm TA Associates, has acquired Plantex SAS, a French producer of high-quality plant extracts for the food, nutraceutical, cosmetics and animal nutrition markets. The deal is an add-on to Nactarome’s ingredient platform to expand its plant-extraction capabilities and product offering; terms were not disclosed.

Mérieux Equity Partners and Siparex Acquire Majority Stake in Piercan

March 21, 2023

Medical Devices

Mérieux Equity Partners' MP4 fund has signed a definitive agreement to acquire a controlling majority stake in Piercan, with Groupe Siparex and regional investor Normandie Participations investing alongside. The deal is a primary LBO that will support Piercan — a Normandy-based, global manufacturer of isolator and dry-box gloves for the pharmaceutical and nuclear industries — to improve industrial capabilities, pursue international expansion and diversify into new market segments; the founding Lucas family and other historical shareholders reinvest part of their proceeds.

Sinochem International (Overseas) Pte. Ltd. Acquires ELIX Polymers from Sun European Partners

January 11, 2019

Manufacturing

Sinochem International (Overseas) Pte. Ltd. has acquired ELIX Polymers, a leading European manufacturer of ABS resins, from an affiliate of Sun European Partners for an enterprise value of €195 million. ELIX — headquartered in Tarragona, Spain — was owned by Sun European Partners since 2012, during which time the PE owner improved operations and materially increased EBITDA prior to the sale.

One Equity Partners Acquires Clayens Group

July 26, 2022

Manufacturing

One Equity Partners (OEP) has agreed to acquire Clayens NP (Clayens Group), a French contract manufacturer of high-performance polymers, composites and precision metal parts, from a group of investors led by Siparex. Siparex and other co-investors will reinvest alongside OEP and management will remain involved as minority partners; financial terms were not disclosed.

H.I.G. Capital Affiliate Acquires Covestro's European Polyurethane Systems Business (Plixxent)

January 17, 2019

Manufacturing

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Covestro AG's European Polyurethane Systems business in a carve-out transaction, with closing expected in the second half of 2019 pending regulatory clearance. The business — operating four systems houses across Germany, Denmark, the Netherlands and Spain and employing ~250 people with ~€230m sales — will be run independently (to operate as Plixxent) and used as a platform for pan‑European expansion and add-on acquisitions.

Cintas Corporation Acquires SITEX

February 20, 2024

Professional Services

Cintas Corporation has acquired SITEX, a family-owned uniform and facility service provider based in Henderson, Kentucky, with five locations serving a four-state region. The deal brings SITEX's customers and employees into Cintas' rental division as part of Cintas' strategy to expand its regional footprint and service capabilities.