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New Deal


Announced

Completed

Hivest Capital completed the acquisition of CRYOPDP from Air Liquide.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Industrial Distribution

cold chain logistics

healthcare logistics

France

Private Equity

Acquisition

Friendly

Completed

Private

Domestic

Synopsis

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Hivest Capital, a private equity firm, completed the acquisition of CRYOPDP, a provider of temperature-controlled solutions, from Air Liquide, an industrial gases and services company. Financial terms were not disclosed. "We are proud to invest in CRYOPDP to accelerate the next phase of its development. Its strong market positions in Europe, in the US and in Asia, quality of customer relationships and history of growth reflect the strength of the management team, the employees and the overall commitment to a culture of excellence and health improvement. In particular, Hivest Capital will continue to develop CRYOPDP and consolidate the market through strategic acquisitions in key geographies," Cédric Lépée, Hivest Capital Partners Managing Partner.

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