Disposal of Kersia by Ardian
FR
Sycomore Corporate Finance acted as financial advisor to Ardian on the disposal of Kersia to IK Investment Partners
In October 2020, Ardian, a world-leading private investment house, announced the signing of the disposal of Kersia Group, a global leader in biosecurity and food safety.
Kersia was formed as a new company in 2016 after Hypred acquired Antigerm, LCB Food Safety, G3, Kilco, Choisy Laboratories and Holchem, with each acquisition carefully chosen for their complementary technologies, leading market positions, and business expertise. The Company has tripled in size in less than four years.
Over the last four years, Kersia has grown to become a global leader in biosecurity and food safety. The Company, which has revenues in excess of €300 million, now operates in more than 120 countries with a workforce of over 1,500 people.
Rationale
Kersia is a global leader in biosecurity and food safety with value added products and solutions to prevent diseases or contamination in both animals and humans at every stage of the food supply chain. The company also offers solutions to the healthcare sector. Kersia operates in more than 120 countries with a workforce of over 1,500 people and a turnover of more than 300 million euros.
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €13 billion of capital and invested in over 135 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.