ApprovedAssessment completedNotificationCase number MN-25006
2 Apr 2026KPS – Novacel
KPS Special Situations Mid‑Cap Fund II (KPS) proposes to acquire 100% of the shares of Chargeurs Films de Protection SAS and its US subsidiaries (Novacel, Inc., Walco, Inc. and Novacel Performance Coatings, Inc.) (Novacel). Following completion, Compagnie Chargeurs Invest SA (the Seller), will roll-
Desmos Bidco SAS, Desmos US Bidco, Inc., KPS Capital Partners, LPChargeurs Films de Protection SAS, Chargeurs USA Holdings Inc., Compagnie Chargeurs Invest SA, Novacel Performance Coatings, Inc., Novacel, Inc., Walco, Inc. 