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flag Chargeurs sells Novacel to U.S. firm KPS for €230M, keeping 25% stake, with deal closing in Q2 2026.

flag Chargeurs is selling control of its Novacel subsidiary to U.S. private equity firm KPS Capital Partners for about 230 million euros in cash, retaining a 25% stake. flag The deal, pending regulatory approval, is set to close in the second quarter of 2026. flag Proceeds will strengthen Chargeurs’ balance sheet, fund growth in other businesses, and may lead to a special dividend of 1.50 euros per share by June 30, 2027, if approved.

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