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Hivest Capital Partners completed the acquisition of a majority stake in Marchante.

Synopsis

Hivest Capital Partners, a private equity firm, completed the acquisition of a majority stake in Marchante, a company specializing in the design of biaxially-stretched specialty plastic film production lines for a variety of cutting-edge industrial sectors. Financial terms were not disclosed. "I am delighted to welcome Hivest Capital among the shareholders of our family group. Our shared entrepreneurial values have motivated our collaboration, proposed by Société Générale. We are well equipped to conquer market share and pursue our development," Innocent Marchante, Marchante Founding Shareholder and Chairman.

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