Announced
Completed
Financials
Sources
Tags
Private Equity
Friendly
biosecurity hygine
Acquisition
Private
France
food safety
Biotechnology
Single Bidder
Majority
Domestic
Test Inspection and Certification (TIC)
Completed
Synopsis
Ardian-backed Kersia, the global leader in food safety, completed the acquisition of Choisy Laboratories, a developer and manufacturer of chemical, biotechnological and biosecurity hygiene solutions based in Canada, from the Trudeau family and Champlain Financial. Financial terms were not disclosed. This transaction grows Kersia’s geographical footprint in North America, allowing the company to expand its presence in new sub-segments and to acquire new technologies; it has been completed with the support of Ardian, its majority shareholder. With this acquisition, Kersia’s network will comprise 23 plants and 1.2k employees. "This acquisition is in line with Kersia’s growth strategy and ambition to become the world’s leading player in Food Safety solutions for the entire food chain from farm to fork. Combining the deep R&D and technological expertise of Choisy and Kersia’s teams, with the support of Ardian, grows our international footprint substantially and strengthens our offering. The complementarity between our two companies is strong, as are the common values we share. We are very pleased to welcome the Choisy team within our group," Sebastien Bossard Kersia CEO.
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