Valtris Sells Champlor Renewables to Avril

Valtris Completes Sale of Champlor Renewables to Avril Industrie

Valtris Specialty Chemicals, a globally recognized manufacturer of specialty additives and performance solutions, has officially completed the previously announced divestiture of its Champlor Renewables business to Avril Industrie. The transaction marks an important strategic step for Valtris as the company continues to sharpen its focus on its core specialty additives portfolio and long-term growth priorities.

The Champlor Renewables facility is located in Baleycourt, France, a region widely known for its strong agricultural base and position as one of the country’s primary rapeseed-growing areas. With the closing of this deal, ownership of the renewable fuels and seed-processing operations transfers to Avril Industrie, a major industrial and financial player in the French vegetable oil and protein sector.

Overview of Champlor Renewables Operations

Champlor Renewables has built a strong operational presence centered on rapeseed processing and downstream renewable fuel production. The business specializes in:

  • Rapeseed crushing
  • Oil refining
  • Biodiesel manufacturing

Situated in close proximity to major rapeseed cultivation zones, the Baleycourt site processes approximately 400,000 tons of seeds annually, making it a significant contributor to regional agricultural value chains and renewable energy supply.

The facility’s integrated processing capabilities enable efficient conversion of raw agricultural inputs into refined oils and biodiesel products, supporting France’s broader renewable energy and sustainability objectives. Its strategic location and established infrastructure made it an attractive acquisition target for Avril Industrie, which continues to expand its footprint in plant-based processing and biofuels.

Strategic Rationale Behind the Divestiture

For Valtris Specialty Chemicals, the divestiture represents a deliberate move aligned with its long-term corporate strategy. The company has increasingly concentrated on strengthening its position as a global leader in specialty performance additives, serving diverse polymer and materials markets.

Mike McGaugh, Chief Executive Officer of Valtris, emphasized the importance of the transaction in advancing this strategic direction. He noted that completing the sale marks a meaningful milestone in simplifying the company’s portfolio while enabling deeper investment in innovation, customer partnerships, and sustainable product development.

By exiting the renewables processing segment, Valtris is able to:

  • Streamline operational complexity
  • Allocate capital toward higher-margin specialty additives
  • Enhance agility in responding to customer and market needs
  • Reinforce its identity as a focused performance-chemicals provider

This disciplined portfolio management approach reflects broader trends across the specialty chemicals sector, where companies increasingly prioritize differentiated technologies and value-added applications over more commodity-like processing businesses.

Leadership Perspective on the Transaction

Commenting on the successful closing, McGaugh expressed satisfaction with the outcome and confidence in the future direction of both organizations.

He highlighted that the agreement with Avril ensures a strong strategic home for Champlor Renewables—one that aligns with the interests of employees, customers, and suppliers connected to the business. At the same time, he reiterated Valtris’ enthusiasm for building upon its 75-year heritage of leadership in polymer end-use performance solutions.

The CEO underscored that simplifying the company’s structure will strengthen Valtris’ ability to:

  • Invest in research and development
  • Accelerate innovation in specialty additives
  • Expand sustainable solution offerings
  • Deepen global customer partnerships

These priorities are central to Valtris’ ambition of being recognized as a world-class partner across coatings, adhesives, sealants, functional fluids, and other advanced material applications.

Continued Presence at the Baleycourt Site

Despite the sale of the renewables business, Valtris will maintain operations at the Baleycourt location. The company will continue to own and operate its specialty additives activities co-located at the same site.

This remaining business delivers value-added, sustainable performance solutions designed for polymer end-use applications across multiple industries. By retaining this presence, Valtris preserves:

  • Local employment and technical expertise
  • Established customer relationships
  • Manufacturing and logistics efficiencies
  • Access to European markets

The decision reflects Valtris’ confidence in the strategic importance of its additives portfolio and its commitment to supporting customers with high-performance, sustainability-focused chemistries.

Implications for Avril Industrie

For Avril Industrie, the acquisition strengthens its integrated model spanning agriculture, vegetable oils, proteins, and renewable energies. Incorporating Champlor Renewables enhances Avril’s:

  • Rapeseed processing capacity
  • Biodiesel production capabilities
  • Regional industrial footprint in northeastern France
  • Alignment with European energy transition goals

The move is consistent with Avril’s broader mission to develop sustainable plant-based value chains while supporting farmers, food systems, and low-carbon energy solutions.

Advisory and Legal Support

The transaction was supported by experienced financial and legal advisors to ensure a smooth and efficient closing process.

  • Lazard served as financial advisor to Valtris Specialty Chemicals, providing strategic guidance throughout the divestiture.
  • Latham & Watkins LLP acted as legal counsel, advising on transaction structure, regulatory considerations, and contractual execution.

Their involvement helped facilitate a seamless transfer of ownership and operational continuity for all stakeholders involved.

Positioning Valtris for Future Growth

With the divestiture complete, Valtris is now better positioned to pursue targeted growth initiatives within the specialty additives sector. The company’s refined strategic focus enables:

  • Increased investment in high-performance chemistries
  • Expansion into emerging sustainability-driven applications
  • Greater operational efficiency and margin improvement
  • Stronger alignment with long-term market demand trends

As industries such as construction, transportation, consumer goods, and industrial manufacturing continue evolving toward advanced materials and environmentally responsible solutions, Valtris aims to play a central role through innovation and customer collaboration.

Conclusion

The sale of Champlor Renewables to Avril Industrie represents a mutually beneficial transaction that advances the strategic priorities of both organizations. Avril gains valuable renewable processing assets that complement its plant-based industrial ecosystem, while Valtris sharpens its focus on specialty additives and performance materials.

By simplifying its portfolio and reinforcing investment in core technologies, Valtris is positioning itself for sustained growth, innovation, and leadership in global specialty chemicals markets. At the same time, the continued operation of its additives business in Baleycourt ensures stability for customers and employees while preserving a meaningful industrial presence in the region.

This milestone transaction underscores Valtris’ commitment to disciplined strategy execution and long-term value creation as it continues building on more than seven decades of expertise in specialty chemical performance solutions.

Source Link : https://www.businesswire.com/

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