Ardian completed the acquisition of Robot-Coupe and Magimix for $1.7bn.

Ardian, a private equity firm, completed the acquisition of Robot-Coupe, a professional food preparation equipment provider, and Magimix, a provider of high-end small kitchen appliances for domestic use, for $1.7bn. “Given our shared DNA, combining French roots and international success, we are convinced that Ardian is the right partner to start a new chapter for the group. We welcome the Ardian team, which shares our values, our vision and our ambition to accelerate the development of the company. Together, we will focus on strengthening the leading position of Robot-Coupe and Magimix by combining our resources, our know-how and our strategic vision. We are delighted with this partnership which marks a new momentum for our group,” Gilbert Verdun, Robot-Coupe and Magimix CEO.