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DRT on LinkeDin

ARDIAN ENTERS INTO EXCLUSIVITY TO BECOME MAJORITY SHAREHOLDER OF DRT ALONGSIDE FOUNDING FAMILIES AND TIKEHAU CAPITAL

This shareholding reorganization maintains the independence of DRT and aims at giving the group the means to pursue actively its growth ambitions, both organically and externally.

Ardian, the independent private investment company, has entered into exclusivity with some family shareholders and Tikehau Capital to acquire a controlling stake into Les Dérivés Résiniques et Terpéniques ("DRT"). The proposed transaction values DRT at approximately €1 billion and is fully supported by DRT's management team which will remain in place and is headed by its CEO Laurent Labatut.

This transaction would be a further step in the company’s development path as many individual shareholders and Tikehau Capital have decided to reinvest part of their proceeds alongside Ardian.