Rhône Group is a global private equity firm with approximately $11 billion of assets under management,[3][4] specializing in mergers and acquisitions, leveraged buyouts, recapitalizations, and partnerships with particular focus on European and trans-Atlantic investments.
[6][7][8][9] Rhône is headquartered at the International Building at Rockefeller Center in New York City,[10] with additional offices in London and Paris.
[12][13] In 2011, Rhône Group moved from their Knightsbridge office to 40 Bruton Street, Mayfair, signing a ten-year lease for the top three floors[14] covering 8,000 square feet, at £105 per sq ft, the then-highest rent achieved in the West End.
The history of MAXAM Corp dates back to 1872 when Alfred Nobel founded the Sociedad Española de la Pólvora Dinamita in Bilbao, Spain.
Blasting solutions[buzzword], cartridges and gunpowder, and raw materials for the nitro chemical industry are some of its key products.
[17] One of their brand's EXPAL specializes in demilitarization by recycling explosives recovered from different sectors such as infrastructures, mining industry, and demolitions.
[20] In January 2018, Rhône Capital entered a binding offer to acquire Nestlé’s US confectionary business, joining a $2.5 billion race that includes Italy's Ferrero SpA and The Hershey Company.
[21] In October 2017, Canada's oldest retailer Hudson's Bay Company agreed to sell its historic Lord & Taylor Building to Rhône Capital and WeWork in a transaction valued at $850 million.
[22][23][24] The flagship building has been a presence on Fifth Avenue for more than a century, the 10-story limestone structure opened in 1914, and was named a New York City designated landmark in 2007.
[25] In September 2017, Spanish media company Prisa confirmed it was in talks over the sale of its Santillana publishing group with Rhône Capital.
El Confidencial reported that Rhone was in negotiations to submit an offer of around $1.7 billion for the 75 percent stake Prisa holds in Santillana.
[28] In 2016, Rhône Group partnered with WeWork to raise several hundred million dollars for a real estate investment fund.
In November, that fund paid $850 million for WeWork's new global headquarters at Lord & Taylor’s flagship on Fifth Avenue in Manhattan.
[34] In February 2016, Rhône Capital agreed to acquire 45% of the outstanding shares of the parent company of Garda World Security Corp.,[35] from Apax Partners and certain management stockholders of the business.
STG is owned by Skandinavisk Holding and Swedish Match and have hired JPMorgan Chase to look at options for the business and explored an initial public offering before deciding on a sale.
[49] Ranpak is headquartered in Ohio, US and was established in 1972, it manufactures paper-based packaging for more than 25,000 companies in the electronics, food and beverage, and pharmaceutical industries worldwide.
[50] In June 2018, Rhône began discussion with Goldman Sachs regarding the sale of Ranpak Inc., which could fetch up to $1.5 billion and has about $100 million in annual earnings before interest, taxes, depreciation and amortization.
[51] In December 2018, a special purpose acquisition company formed by One Madison Group's Omar Asali and Jonathan Soros's JC Capital, agreed to purchase Ranpak for $950 million.
[57][58][59] TWE Global has revenue of over $2 billion and employs more than 4,000 people worldwide, encompassing 80 label brands including Penfolds, Wolf Blass, Beringer, Lindemans, Wynns and Rosemount.
Coty's brands in fragrances, color cosmetics including nail, skin and body care products support net revenues of $4.6 billion[68] for the fiscal year ending June 30, 2012.
Coty's top 10 brands are; Adidas, Calvin Klien, Chloe, Davidoff, Marc Jacobs, OPI, Philosophy, Playboy, Rimmel and Sally Hansen.
Coty includes beauty brands ranging from ultra-premium luxury to entertainment, which include Balenciaga, Beyonce, Bottega Veneta, Chopard, Guess, Jennifer Lopez, JOOP!, Karl Lagerfeld, Kate Moss, Lady Gaga, Madonna, Roberto Cavalli, Vera Wang, Vivienne Westwood and others.
[78][79] In April 2011, Rhône Capital purchased the Carbon Black unit from Evonik Industries AG for in-excess of $1.3 billion.
Among other involved parties were Chinese businessman Kenny Huang, Yahya Kirdi's Syrian consortium, the Kuwaiti Al Kharafi family and Subrata Roy's Indian Sahara conglomerate.
Liverpool's chairman, Martin Broughton, appointed by Barclays Capital, had hoped to identify a preferred bidder before the end of the transfer window, September 1, 2010.
[89] As a result of not having achieved this investment, George N. Gillett, Jr. and Tom Hicks were obliged to pay a £20 million penalty to the Royal Bank of Scotland.
[90] In 2009, Rhône loaned Quiksilver $150 million over five years to help the company refinance a U.S. line of credit and consolidate its European debt.
[94] The deal was described by the Orange County Business Journal as a potential "lifesaver" for Quiksilver, which was initially struggling under the weight of their $560 million acquisition of French ski maker Rossignol.
Surfer Kelly Slater also signed a five-year extension of his endorsement deal with Quiksilver, and accepted a significant portion of his compensation in the form of the company's stock.
Arizona Chemical is the world's largest producer of oleochemicals and specialty resins based on crude tall oil, a by-product of wood pulping.