Firm at a glance
Rhone Group is a platform private equity firm that has raised approximately €10 billion in capital, per its own website [S1].
What they buy
The firm’s portfolio reflects a pattern of acquiring industrial and consumer businesses, according to public sources as of January 2025 [S1]. Observable holdings span manufacturing, food and beverage, chemicals, and specialty materials companies. Recent activity includes a consumer platform acquisition in the restaurant sector in September 2025 [S2].
Portfolio
Rhone Group’s reported portfolio includes the following companies [S1]:
**Consumer**
* Freddy’s (platform, acquired September 2025)
* Illy
* Rexair
* Baker & Baker
**Industrial and Manufacturing**
* Copperweld
* RHI Magnesita
* Paragon Films
* Lummus Technology
* Wellbore Integrity Solutions
* Maxam
* ASK Chemicals
* Fluidra
**Other Holdings**
* DHCare
* Sweet Oak
* Orkla Food Ingredients
* Wahoo
* Vista Global
Recent activity (last 24 months)
* September 2025: Acquired Freddy’s Frozen Custard & Steakburgers from Thompson Street Capital Partners [S2]
* November 2025: Filed Invacare acquisition for EU regulatory approval [S3]
* November 2025: Filed DHG acquisition for EU regulatory approval [S3]
How this firm fits a seller
Rhone Group appears to pursue established businesses in industrial and consumer sectors, based on its public portfolio composition [S1]. The firm’s capital base of approximately €10 billion suggests capacity for substantial platform investments [S1]. Recent acquisitions in both the restaurant sector and healthcare equipment indicate active deployment across multiple verticals [S2][S3]. Sellers in manufacturing, specialty chemicals, or branded consumer categories may find sector alignment with the firm’s observed investment pattern.
Sources
[S1] https://rhonegroup.com (as of 2025-01-16)
[S2] https://www.businesswire.com/news/home/20250904213580/en/Freddys-Acquired-by-Rhne-from-Thompson-Street-Capital-Partners-to-Drive-Continued-Market-Expansion (as of 2025-09-04)
[S3] https://www.mlex.com/mlex/articles/2406634/rhone-capital-files-invacare-and-dhg-acquisitions-for-eu-approval (as of 2025-11)
Frequently asked questions
Does Rhone Group buy industrial businesses?
Yes, industrial companies represent a significant portion of the firm’s observable portfolio, per public sources [S1]. Holdings include businesses in specialty chemicals, manufacturing equipment, and materials production. Recent regulatory filings indicate continued acquisition activity in industrial sectors as of November 2025 [S3].
What companies has Rhone Group acquired recently?
Recent acquisitions include Freddy’s Frozen Custard & Steakburgers in September 2025 [S2], and filings for Invacare and DHG in November 2025 [S3]. The Freddy’s transaction involved acquiring the restaurant chain from Thompson Street Capital Partners to support continued expansion [S2].
Where is Rhone Group based and how big is the firm?
The firm has raised approximately €10 billion in capital, according to its website as of January 2025 [S1]. Specific headquarters location was not disclosed in available public sources reviewed.
Is Rhone Group still actively acquiring?
Yes, the firm completed one acquisition and filed two additional transactions for regulatory approval between September and November 2025, indicating active deal execution [S2][S3].
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.