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Synopsis
Argos, a private equity firm, completed the acquisition of a majority stake in Groupe Routin, a French-based manufacturer of high-end syrups and ingredients for creative drinks, from Seven2, a private equity firm. Financial terms were not disclosed. "We are very proud to have Groupe Routin join the companies backed by Argos Climate Action, our Article 9 SFDR environmental buyout fund. The alignment between Argos Climate Action’s purpose and the management team’s ambition to speed up its environmental transition in order to build a competitive edge in the market was a natural fit," Sandra Lagumina, Argos Senior Partner.
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