DPC Holdings (NYSE: DPC), the parent company of Doncasters, has agreed to sell its Ivostud business to Lenbach Equity Opportunities III. GmbH & Co. KG, a private equity fund advised by DUBAG Group.

The transaction is subject to required regulatory approvals and customary closing conditions, with completion expected during the fourth quarter of 2026. DPC Holdings described Ivostud as a non-material asset held for sale.

No financial terms of the deal were disclosed in the press release.