Opella's New Owners: CD&R and BPI Jump In

Opella, the maker of popular French painkiller Doliprane, is changing hands. U. S. private equity firm Clayton Dubilier & Rice (CD&R) has stepped up to take a majority 51% stake in the company. But they won't be the only new faces. The French government, through the Public Investment Bank (BPI), is also hopping on board with a 1% share, valued at a hefty EUR 150 million or approximately USD 163 million. This shift was approved by Sanofi's board and follows discussions between Sanofi, the French state, and CD&R. It seems like a big move for Opella, as it signals a significant change in ownership structure.This deal is notable for a few reasons. Firstly, it means new investors are bullish about Opella's future. Secondly, it shows how the French government might be keen on maintaining some control over strategic sectors of its economy. Lastly, it's a reminder of the fluid nature of corporate structures and how ownership can change hands to respond to market dynamics and future growth potential.