News Markets & Companies
Mäder Group announces new shareholding structure with Whitestone Group investment
The Mäder Group has unveiled a significant change in its shareholding structure, with Whitestone Group acquiring a stake. This marks a new phase for the international industrial group, aligning with its strategic plan focused on sustainability and decarbonisation of industrial sectors.
The Mäder Group, a medium-sized international industrial company specialising in high-value-added paints and composite solutions, has announced a major change to its shareholding structure. Whitestone Group, a Belgium-based investment holding company listed on Euronext Growth Brussels, has acquired a stake in the family-owned business. This development coincides with the Mäder Group’s ongoing transformation under its Ë-Volve strategic plan, which addresses economic, societal, and environmental challenges as interconnected priorities.
Founded over 30 years ago, the Mäder Group is recognised for its innovative solutions catering to demanding industrial sectors such as rail, automotive, and packaging. With sustainability and decarbonisation at the core of its operations, the group aims to contribute to a more sustainable future. Whitestone Group’s investment aligns with Mäder’s mission, providing additional resources and strategic vision to support its growth.
Whitestone Group’s strategic role in Mäder’s growth
Whitestone Group’s investment philosophy focuses on supporting medium-sized companies in Belgium and neighbouring regions. Known for its expertise in long-term cycles and industrial growth, Whitestone aims to enhance Mäder’s development. Frédéric Pouchain, CEO of Whitestone Group, commented: “Acquiring a stake in a family-owned mid-market company that combines industrial and technological expertise in highly technical markets is fully in line with our investment thesis. Its growth plan matches our objective of doubling our net asset value by 2030.”
The Mäder Group also confirmed that BNP Paribas Développement, a long-standing shareholder, will remain an investor. BNP Paribas Développement has supported the group for over 20 years, emphasising its confidence in Mäder’s leadership and strategic direction. However, other investors, including Bpifrance, Naxicap Partners, and Socomore Group, have sold their stakes, enabling a streamlined shareholding structure.
Strengthened leadership and sustainability focus
Under the leadership of Julien Molina, CEO of the Mäder Group since 2023, the company continues to prioritise growth through innovative solutions that combine protection, aesthetics, and performance. Molina expressed his enthusiasm for the new shareholding structure, stating: “Our ambitions for the coming years and our mission, shared with Whitestone Group and BNP Paribas Développement, are clear: to continue our growth through an innovative value proposition built on sustainability and trust-based client partnerships.”
With the Molina family retaining a majority stake, the group enters a new phase of development, leveraging its regional ecosystem and long-standing partnerships. The Ë-Volve strategic plan remains central to Mäder’s operations, showcasing its commitment to decarbonisation and sustainable industrial practices.