# Whitestone takes stake in Mäder Group for €23.6M

Whitestone has invested €23.6 million to acquire a stake in Mäder Group, a French supplier of specialty paints, coatings and composites.

- Type: Investment
- Announced: 2026-03-27
- Where: France
- Status: completed
- Products: specialty paints, coatings, composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [MÄDER Group](https://endata.com/companies/35827.md)
- [Whitestone](https://endata.com/companies/91063.md) (investor)

## Sources

- [pcimag.com](https://www.pcimag.com/articles/keyword/4797-mergers-and-acquisitions?page=9), 2026-03-27: "A €23.6 million investment reshapes ownership at the French supplier of specialty paints, coatings and composites."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.