3i Infrastructure – Acquisition of sterilisation company in France
3i Infrastructure has acquired fast growing French sterilisation specialist Ioniso. The London-listed investment business will pay Ardian around EUR 220m for all shares in the business. Civrieux-based Ionisos sterilises, preserves and sanitises equipment and raw materials, which are used in the medical, pharmaceutical and cosmetics industries. Founded in 1993, the business currently operates 11 facilities primarily in France and Spain and has around 1,000 customers.