Hivest Capital completed the acquisition of CRYOPDP from Air Liquide.

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.