This acquisition aligns with KPS’ strategy of leveraging its $21.4 billion in managed assets to transform businesses into industry leaders. The firm plans to invest in Ineos Composites’ manufacturing capabilities while fostering an entrepreneurial culture.
A Global Giant in Transition
Headquartered in Dublin, Ohio, and Barcelona, Spain, Ineos Composites employs 900 people across 17 manufacturing facilities and three technology centers in the Americas, Europe, Asia, and the Middle East. Its global footprint and technical expertise make it a lucrative target for KPS, which has a history of turning industrial companies into global powerhouses.
Andrew Miller, CEO of Ineos Composites, expressed enthusiasm about the partnership, stating, “KPS is an ideal partner, given its track record of establishing world-class industrial companies. Their commitment to manufacturing excellence and research and development will elevate our ability to provide superior products and services.”
Closing the Deal
The transaction, set to finalize in the first half of 2025 pending regulatory approvals, marks a collaboration between top legal advisors. KPS is represented by Paul Weiss partners Angelo Bonvino, William Aitken-Davies, and Rohan Dey. Ineos Composites is advised by Slaughter and May, with partners Hywel Davies, Sally Wokes, and Harry Hecht working alongside Ineos’ internal legal team, led by Robert Mace and Jennifer Clifton.
