acquired a minority stake in
April 7th, 2023
Natixis Partners acted as an exclusive financial advisor to Luxempart on the acquisition of a minority stake in Kestrel Vision.
Luxempart is going to join the existing shareholders of Kestrel Vision, Caravelle, a French family-owned investor, as well as the Group’s management. Caravelle invested in Kestrel Vision in 2017 and has supported it over the years in its significant and profitable growth. Over the last two years, Kestrel has accelerated and realized a number of transformative and strategic acquisitions, significantly strengthening its global presence and market position. Luxempart provides capital to reinforce the Group’s future means to pursue such strategy. Kestrel Vision is a global expert and leading player in the field of control and inspection based on all areas of machine vision necessary for Industry 4.0. Having evolved from a player purely specialising in Food & Beverage hollow glass inspection to becoming a leading, diversified inspection solutions provider to the packaging industry. The company now operates in three segments: Food & Beverage, Pharmaceuticals and Cosmetics. Kestrel Vision has an end-to-end positioning at both containers manufacturing and filling levels. The Group realizes world-wide sales in excess of EUR 260m and an EBITDA in excess of EUR 40m.