WENDEL: Wendel finalized the sale of Stahl to Henkel

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Postmedia has not reviewed the content. by GlobeNewswire WENDEL: Wendel finalized the sale of Stahl to HenkelAuthor of the article: PRESS RELEASE – OCTOBER 1, 2026THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountWendel finalized the sale of Stahl to HenkelNet proceeds of €1.14 billion for Wendel, representing an annualized IRR of over 15% since 2006Wendel (Euronext: MF.FP) announces it finalized the sale of its stake in Stahl (excluding Muno) for an enterprise value of €2.1 billion to Henkel, following receipt of all required regulatory approvals.The transaction has generated total net proceeds (after debt and transaction costs) of c.€1.14 billion for Wendel. This corresponds to a multiple of 6.3 times (net) Wendel’s total investment since 2006, including €427m of past proceeds thanks to Stahl’s robust cash generation. This represents an annualized IRR of over 15% over 20 years. This compares with a value of €960 million in Wendel’s net asset value (“NAV”) published before the transaction announcement, as of September 30, 2025, i.e. a c.20% premium.This advertisement has not loaded yet, but your article continues below.The sale of Stahl marks a key milestone in the execution of the roadmap presented early December 2025 and will allow Wendel to fulfil its objectives of long-term value creation and portfolio rotation. Thanks to its private assets investments, the development of Wendel Investment Managers (WIM) as a first-class private asset management platform, Wendel aims to deliver superior shareholder returns and fundamentally transform its business model. In 2026 alone, Wendel announced significant asset disposals totaling €1.6 billion, completed the acquisition of Committed Advisors, and will return more than €500 million to shareholders, including the completion in July of a share buyback representing 9% of its share capital.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThursday, October 22, 2026 Q3 2026 Trading update – Financial communication as of September 30, 2026 (before-market release) Wednesday, December 2, 2026 Friday, February 26, 2027Full-Year 2026 Results – Publication of NAV as of December 31, 2026, and Full-Year consolidated financial statements (before-market release)This advertisement has not loaded yet, but your article continues below.Q1 2027 Trading update – Financial communication as of March 31, 2027 (before-market release) H1 2027 Results – Financial communication as of June 30, 2027, and Half-Year consolidated financial statements (before-market release)Wendel is one of Europe’s leading listed investment firms. Regarding its principal investment strategy, the Group invests in companies which are leaders in their field, such as ACAMS, Bureau Veritas, Crisis Prevention Institute, Globeducate, IHS Towers, Scalian and Tarkett. In 2023, Wendel initiated a strategic shift into third-party asset management of private assets, alongside its historical principal investment activities. In this context, Wendel completed the acquisitions of a 51% stake in IK Partners in May 2024, 72% of Monroe Capital in March 2025 and 64% (including forward sale) of Committed Advisors in April 2026. As of June 30, 2026, Wendel Investment Managers manages 48.7 billion euros on behalf of third-party investors, and c.3.6 billion euros (PF sale of Stahl & IHS) invested in its Principal Investments activity.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Wendel is listed on Eurolist by Euronext Paris.Standard & Poor’s ratings: Long-term: BBB, stable outlook – Short-term: A-2Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of “Grand Mécène de la Culture” in 2012.For more information: wendelgroup.comFollow us on LinkedIn @Wendel Press contacts Analyst and investor contactsChristine Anglade: +33 6 14 04 03 87 Olivier Allot: +33 1 42 85 63 73c.anglade@wendelgroup.como.allot@wendelgroup.com Caroline Decaux: +33 1 42 85 91 27 Lucile Roch: +33 1 42 85 63 72c.decaux@wendelgroup.com l.roch@wendelgroup.com Primatice Olivier Labesse: +33 6 79 11 49 71 olivierlabesse@primatice.com Hugues Schmitt: +33 6 71 99 74 58 huguesschmitt@primatice.com This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.