Corporate divestitures, April 2025
Completed sales and spin-offs of business units disclosed in SEC 8-K filings during April 2025. Every row links to its filing.
Every completed divestiture filed this month.
| Filed | Seller | Business sold | Buyer | Disclosed value | Seller sector | Filing |
|---|---|---|---|---|---|---|
| 2025-04-01 | SONOCO PRODUCTS CO (SON) | Sonoco Thermoformed and Flexibles Packaging and Trident businessesWhat the filing says"Sonoco Products Company ("Sonoco" or the "Company") (NYSE: SON), a core mid-cap growth and value equity which is a global leader in high-value sustainable packaging, today announced it has completed the sale of its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. ("Toppan") for a purchase price of approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments (the "Transaction")." | TOPPAN Holdings Inc. | $1.8bn | Materials and chemicals | SEC 8-K exhibit |
| 2025-04-01 | CENTERPOINT ENERGY INC (CNP) | CenterPoint Energy Louisiana and Mississippi natural gas distribution businessesWhat the filing says"CenterPoint Energy, Inc. (NYSE: CNP) or "CenterPoint" today announced that it has successfully completed the previously announced sale of its natural gas distribution utilities in Louisiana and Mississippi to affiliates of Bernhard Capital Partners." | Bernhard Capital Partners | $1.2bn | Energy and utilities | SEC 8-K exhibit |
| 2025-04-28 | Ultra Electronics Holdings Limited | Ultra Maritime Signature Management & Power businessWhat the filing says"ESCO Technologies Inc. (NYSE: ESE) today announced that it has completed the acquisition of the Signature Management & Power (SM&P) business of Ultra Maritime for a purchase price of $550 million in cash." | ESCO Technologies Inc. | $550M | Industrials | SEC 8-K exhibitFiled by the buyer |
| 2025-04-14 | Coherus BioSciences, Inc. (CHRS) | UDENYCA franchiseWhat the filing says"NASDAQ: CHRS) today announced the completion of the previously announced divestiture of its UDENYCA (pegfilgrastim-cbqv) franchise (the Transaction) to Intas Pharmaceuticals Ltd. (Intas) pursuant to the asset purchase agreement (the Agreement) dated December 2, 2024 between Coherus and Intas in a deal valued at up to $558.4 million." | Intas Pharmaceuticals Ltd. | $483M | Healthcare | SEC 8-K exhibit |
| 2025-04-16 | Driven Brands Holdings Inc. (DRVN) | Boing US Holdco, Inc.What the filing says"On April 10, 2025, pursuant to the previously disclosed stock purchase agreement, dated as of February 24, 2025 (the "Purchase Agreement"), by and among Driven Brands, Inc. ("DBI"), a wholly owned subsidiary of Driven Brands Holdings Inc. (the "Company"), and certain other wholly owned subsidiaries of the Company (the "Sellers" and, together with DBI, the "Seller Parties") and Express Wash Operations, LLC dba Whistle Express Car Wash ("Purchaser"), the Company completed the divestiture of all of the outstanding equ" | Express Wash Operations, LLC | $385M | Other | SEC 8-K |
| 2025-04-01 | COMMUNITY HEALTH SYSTEMS INC (CYH) | Lake Norman Regional Medical CenterWhat the filing says"On April 1, 2025, CHS/Community Health Systems, Inc. ("CHS"), a wholly-owned subsidiary of Community Health Systems, Inc. (the "Company"), completed the transactions contemplated by that certain asset purchase agreement dated as of December 11, 2024 (the "Purchase Agreement"), with Duke University Health System, Inc. (the "Purchaser"), the entry into which Purchase Agreement was previously disclosed on a Current Report on Form 8-K filed by the Company on December 11, 2024." | Duke University Health System, Inc. | $284M | Healthcare | SEC 8-K |
| 2025-04-25 | Spire Global, Inc. (SPIR) | Spire Global Maritime BusinessWhat the filing says"Spire Global Completes Sale of Maritime Business;" | Kpler Holding SA | $234M | Telecom and media | SEC 8-K exhibit |
| 2025-04-07 | 3D SYSTEMS CORP (DDD) | Geomagic software businessWhat the filing says"On April 1, 2025, pursuant to (i) the previously announced Asset Purchase Agreement (the "U.S. Purchase Agreement"), dated December 12, 2024, by and among 3D Systems Corporation (the "Company"), 3D Systems, Inc., a wholly-owned subsidiary of the Company ("3D US"), and Hexagon Manufacturing Intelligence, Inc. (the "U.S. Buyer") and (ii) the previously announced Business Transfer Agreement (the "Korean Purchase Agreement," together with the U.S. Purchase Agreement, the "Purchase Agreements"), dated December 12, 2024," | Hexagon Manufacturing Intelligence, Inc. | $123M | Technology | SEC 8-K |
| 2025-04-04 | CECO ENVIRONMENTAL CORP (CECO) | CECO Global Pump Solutions businessWhat the filing says"On March 31, 2025, CECO Environmental Corp. (the "Company") through its subsidiary Met-Pro Technologies LLC executed a membership interest purchase agreement (the "Agreement") with May River Capital through its special purpose entity Tusk Industrial OpCo Acquisition LLC (the "Purchaser") and simultaneously closed the sale of its Fluid Handling business, also known as its Global Pump Solutions business." | May River Capital | $110M | Industrials | SEC 8-K |
| 2025-04-17 | MAMMOTH ENERGY SERVICES, INC. (TUSK) | 5 Star Electric, LLC, Higher Power Electrical, LLC and Python Equipment LLCWhat the filing says"Equity Interest Purchase Agreement On April 11, 2025, Lion Power Services LLC ("Lion"), a subsidiary of Mammoth Energy Services, Inc. ("Mammoth" or the "Company"), entered into an Equity Interest Purchase Agreement (the "Agreement"), as the seller, with Peak Utility Services Group, Inc., as the buyer, pursuant to which Lion sold all equity interests in its wholly-owned subsidiaries 5 Star Electric, LLC ("5 Star"), Higher Power Electrical, LLC ("Higher Power") and Python Equipment LLC ("Python") (the "Transaction")." | Peak Utility Services Group, Inc. | $109M | Energy and utilities | SEC 8-K |
| 2025-04-18 | AMMO, INC. (POWW) | AMMO, Inc. Ammunition Manufacturing BusinessWhat the filing says"AMMO, Inc. (Nasdaq: POWW, POWWP) ("AMMO," "we," "us," "our" or the "Company"), the owner of GunBroker.com, the largest online marketplace for firearms, hunting, and related products, today announced it has completed the sale of its ammunition manufacturing assets to Olin Winchester, LLC ("Olin Winchester"), a subsidiary of Olin Corporation ." | Olin Corporation | $75M | Industrials | SEC 8-K exhibit |
| 2025-04-08 | ASCENT INDUSTRIES CO. (ACNT) | Bristol Metals, LLCWhat the filing says"As previously reported on March 12, 2025, Ascent and its wholly-owned subsidiaries Synalloy Metals, Inc. ("Synalloy Metals") and BRISMET, entered into an Asset Purchase Agreement (the "Purchase Agreement") pursuant to which they sold substantially all of the assets related to BRISMET to Bristol Pipe and Tube, Inc., a Delaware corporation and wholly-owned subsidiary of Ta Chen International, Inc. (the "Purchaser")." | Ta Chen International, Inc. | $45M | Materials and chemicals | SEC 8-K |
| 2025-04-01 | AMERICAN COASTAL INSURANCE Corp (ACIC) | Interboro Insurance CompanyWhat the filing says"On April 1, 2025, American Coastal Insurance Corporation (the "Company") completed the sale of 100% of the issued and outstanding stock of its wholly owned subsidiary, Interboro Insurance Company ("IIC") to Forza Insurance Holdings, LLC ("Forza")." | Forza Insurance Holdings, LLC | $26.4M | Financials | SEC 8-K |
| 2025-04-11 | Eightco Holdings Inc. (OCTO) | Ferguson Containers, Inc.What the filing says"Eightco Holdings Inc. (NASDAQ: OCTO) (the "Company" or "Eightco") today announced that it has completed the sale of its subsidiary, Ferguson Containers, Inc., to Reichard Corrugated Products, LLC, an entity controlled by the existing management of Ferguson Containers." | Reichard Corrugated Products, LLC | $3.1M | Financials | SEC 8-K exhibit |
| 2025-04-01 | IAC Inc. (IAC) | Spin-off: Angi Inc.What the filing says"On March 31, 2025, IAC Inc. ("IAC" or the "Company") completed the previously announced spin-off of Angi Inc. ("Angi") by means of a special dividend (the "Distribution") of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share (the "IAC common stock"), and IAC Class B common stock, par value $0.0001 per share (the "IAC Class B common stock" and together with the IAC common stock, "IAC Stock")." | Not named in this filing | Not disclosed | Technology | SEC 8-K |
| 2025-04-01 | Vera Bradley, Inc. (VRA) | Creative Genius, LLCWhat the filing says"As previously disclosed, o n March 11, 2025, Vera Bradley Holdings, LLC ("Seller"), Creative Genius, LLC ("Creative Genius") and Project Aster Acquisition , LLC ("Buyer") entered into an Interest Purchase Agreement (the "Agreement") pursuant to which, among other things, Seller sold to Buyer and Buyer purchased from Seller one hundred percent (100%) of Creative Genius, which operates under the name Pura Vida Bracelets (the "Transaction")." | Project Aster Acquisition, LLC | Not disclosed | Industrials | SEC 8-K |
| 2025-04-03 | Amundi SA | Amundi USWhat the filing says"Victory Capital Holdings, Inc. (NASDAQ: VCTR) ("Victory Capital" or the "Company") today announced that it has closed on its previously announced transaction with Amundi SA ("Amundi")." | Victory Capital Holdings, Inc. | Not disclosed | Financials | SEC 8-K exhibitFiled by the buyer |
| 2025-04-07 | Ovation, LLC | JOURNYWhat the filing says"NextTrip, Inc. (NASDAQ: NTRP) ("NextTrip," "we," "our," or the "Company") , a leading travel technology company dedicated to transforming how travelers plan, book, and experience trips, today announced it has acquired the JOURNY trademark and associated domain names and other assets related to the business from Ovation, LLC. Ovation will remain involved with the channel via an ownership stake in NextTrip." | NextTrip, Inc. | Not disclosed | Telecom and media | SEC 8-K exhibitFiled by the buyer |
Added on 2026-10-11 from the 102 Item 2.01 filings of the month, each read and classified by hand. Values are as stated in the filing, before adjustments.
April 2025 by sector.
| Seller sector | Divestitures | With a disclosed value | Disclosed value |
|---|---|---|---|
| Industrials | 4 | 3 | $735M |
| Financials | 3 | 2 | $29.5M |
| Materials and chemicals | 2 | 2 | $1.84bn |
| Energy and utilities | 2 | 2 | $1.31bn |
| Healthcare | 2 | 2 | $767M |
| Telecom and media | 2 | 1 | $234M |
| Technology | 2 | 1 | $123M |
| Other | 1 | 1 | $385M |
What counts, and where it comes from.
A row is a completed sale or spin-off of a business unit (a business, segment, division or named subsidiary) reported in a Form 8-K filed with the SEC during the month (or, on a weekly page, the ISO week, Monday to Sunday): under Item 2.01, completion of acquisition or disposition of assets, or in a press release attached to the filing that says the sale has closed.
Sales of buildings, loan books or securities are left out, as is the sale of a whole company. Seller, buyer and value come from the filing, and each row keeps a sentence from it and a link to it. Where a filing does not name the buyer or the price, the table says so rather than filling the gap. The sector is the seller's SEC industry code, not the unit's; where the seller has none (a private or foreign parent, named in a filing made by the buyer), it is the sector of the business sold.
Weekly pages start in September 2026. The months from January 2025 to April 2026, and some deals in later months, were added in October 2026 from every Item 2.01 filing in that window, read and classified by hand rather than by the weekly search.
Source: SEC EDGAR full-text search and the filings themselves. Public filings only. None of these transactions is an FIH.com mandate, and nothing here is advice.
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