Seven2 sells its majority stake in Groupe Routin, a prominent French beverage ingredient provider, to Argos Wityu, which aims to further develop the company's sustainable growth strategy while reinvesting with existing management and minority stakeholders.

Information on the Target

On September 3, 2024, Seven2 (formerly Apax Partners) announced the sale of its majority stake in Groupe Routin, a leading French producer of syrups and ingredients for both hot and cold flavored beverages. This acquisition was completed by Argos Wityu through its "Argos Climate Action Fund." The management team and employees of the group, along with minority shareholders UI Investissement and Crédit Mutuel Equity, are reinvesting alongside Argos Wityu.

Over the past five years, Seven2 has played a pivotal role in transforming Groupe Routin, evolving from a traditional syrup producer in the French retail sector to a global leader in creative beverage ingredients, including syrups, sauces, fruit purees, and shake powders. With a legacy spanning 140 years, Routin has positioned itself as a pioneer in the premium flavoring industry, doubling its size since Seven2's initial investment.

Industry Overview in France

The beverage industry in France has been experiencing significant evolution, marked by a growing demand for innovative flavors and premium ingredients. As health-conscious consumption trends es