An investor group led by Apollo-managed funds is acquiring a 37 per cent minority stake in Syntegon from CVC Capital Partners, which keeps its 63 per cent majority. The value was not disclosed; Syntegon reported €1.75 billion revenue for 2025.
Packaging maker Schur Flexibles has been taken over by a consortium of banks and funds including Apollo, Capital Four, Guggenheim and Palmer Square. The restructuring includes a debt haircut of up to 75 percent, about EUR 400 million, and EUR 150 million of fresh capital.
Korean Apollo group opened a valve manufacturing plant in Tatarstan, Russia, with an investment of $50 million. The 2,200 square meter facility produces pneumatic actuators and control and shut-off valves, with capacity of up to 7,000 units per year rising to 15,000 by 2021.