Announced
Financials
Sources
Tags
Majority
Private Equity
work gloves
Pending
Single Bidder
Private
France
Acquisition
Diversified Industrials
Domestic
Friendly
Synopsis
Mérieux Equity, a management company dedicated to equity investments, and Siparex, a private equity specialist, agreed to acquire a majority stake in Piercan, a technical gloves manufacturer for the pharmaceutical and nuclear industries. Financial terms were not disclosed. “I am delighted to start our collaboration with Mérieux Equity Partners and its partner Siparex. It will allow us to accelerate our development, pursue the automation of our production lines and optimize further our manufacturing processes. Our partners’ respective networks in the pharmaceutical and nuclear industries will provide us with the opportunity to expand our customer base," Thierry Lobel, Piercan CEO.
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