Press Release
May 18, 2022

Sale of Explinvest to Incitec Pivot Limited

The Paris Private Equity team advised the sellers including LFPI and the management of Explinvest, on the sale of Explinvest, holding of Titanobel's group, to Incitec Pivot Limited.

Titanobel is a leading industrial explosives manufacturer and drilling, blasting and technical services provider based in France.

LFPI is one of the leading independent and multi-strategy alternative asset managers in Europe with nearly twelve billion euros under management invested in private equity (majority, minority, co-investments, funds of funds and thematic funds including hotels), private debt, real estate, as well as asset management in Europe and North America, which favors long-term investments.

Incitec Pivot Limited (ASX : IPL) is a global manufacturer and marketer of commercial explosives and fertilisers.

The Goodwin team was led by Maxence Bloch and included David Diamant and Laura Robez-Masson.