Industrial/Manufacturing

KPS to buy controlling stake in France’s Novacel

Novacel is a global manufacturer of surface protection tools.

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  • Chargeurs is the seller
  • Chargeurs will retain a 25 percent stake in Novacel 
  • The completion of the transaction is expected in Q2 of 2026

KPS Capital Partners has agreed to acquire a majority stake in Chargeurs Films de Protection (Novacel) from Compagnie Chargeurs Invest (Chargeurs).

Novacel is a global manufacturer of surface protection tools across building exterior, building interior and equipment, industrial, appliances and transportation end-markets.

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