ICG Agrees to Acquire 31% Stake in Groupe Charlois from Ardian
February 18, 2015
Intermediate Capital Group has entered into an agreement to acquire a minority stake in Groupe Charlois from Ardian Private Equity. As part of the deal, the company's president, Sylvain Charlois, will increase his ownership stake to 67% from 51%. Backed by Ardian in December 2009, Groupe Charlois is a producer of oak staves for wine and spirits, while also manufacturing railway sleepers. Ardian's current ownership stake is 31%.