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Under PAI and ICG ownership, StellaGroup has been transformed from a French group into a diversified European leader, more than doubling turnover through organic growth and strategic acquisitions. The Group has expanded internationally and strengthened its industrial capabilities, establishing leading market positions across five European countries.
ELEMIS is a globally recognised British prestige skincare brand, combining advanced skincare science with natural ingredients and a distinctive spa heritage. Its portfolio of clinically proven skincare products is led by the iconic Pro-Collagen range and sold internationally through digital channels, beauty retailers, spas and travel retail.
PAI Partners and Carlyle Agree to Sell Theramex
3 November 2026Under PAI and Carlyle ownership, Theramex has been transformed into a leading global specialty pharmaceutical company focused on women’s health, reaching more than six million patients in over 50 countries. The company has more than doubled its EBITDA, expanded its treatment portfolio through new product launches and strategic acquisitions, and strengthened its commercial infrastructure across 17 direct markets.
Arlettie is a leading international B2B inventory management specialist for luxury brands. Through its omnichannel platform, combining physical showrooms with a global online offering, the company helps luxury brands manage structural legacy stock effectively while preserving exclusivity, confidentiality and brand equity.
Under PAI and EQT ownership, WFC has developed into a truly scaled global platform with differentiated digital and operational capabilities. The company has completed more than 20 acquisitions, further expanded its international network and accelerated the digitalisation of its commercial and operational processes.
Mecaer Aviation Group is a leading international provider of aircraft systems and services for the helicopter, business aviation and general aviation markets.