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Investing.com -- Chargeurs has received several indicative expressions of interest for its Novacel business, the global leader in surface protection and process films, the company announced Tuesday.
Novacel contributes approximately 40% of the group’s sales and EBITDA. Following the announcement, Chargeurs shares rose 6% in Paris trading.
The company stated that a disposal is under active consideration, though no final decision has been made. Financial investors are viewed as the main potential buyers for the unit. While timing remains uncertain, the matter could be resolved by the end of 2025.
Kepler Cheuvreux analysts responded positively to the potential move, noting it would provide greater visibility on strategy and portfolio coherence, improve financial structure through faster deleveraging, enhance reinvestment capacity, and potentially create value if the transaction proceeds at attractive levels.
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