Equistone Partners Europe Sells Majority Stake in Linxis Group to IK Investment Partners
Paris – Paul Hastings LLP, a leading global law firm, announced today that it has advised Equistone Partners Europe in connection with the sale of its majority stake in Linxis Group (formerly Bretèche Industrie Group) to the private equity fund IK Investment Partners.
Linxis Group is a global leading manufacturer of industrial equipment for the production of food, pharmaceutical, and cosmetic products. It consists of six leading companies within their respective markets, i.e. designing, engineering manufacturing, and installing equipment for food, cosmetics and pharmaceutical production lines. Linxis Group employs nearly 1,000 people and generated a turnover of approximately €220 million in 2016.
The Paul Hastings team was composed of partners
The management team of Linxis Group was advised by Scotto & Associés (Nicolas Menard-Durant, Camille Perrin and Dominique Quercin).
IK Investment Partners was advised by the Paris office of Willkie Farr & Gallagher (Eduardo Fernandez, Grégory de Saxcé, Virginie Sayag, Paul Lombard and Stanislas Curien).
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