IK Investment Partners to enter into exclusive negotiations with Equistone for the acquisition of Bretèche Industrie
IK Investment Partners (“IK”), a leading Pan-European private equity firm, is pleased to announce that the IK VIII Fund (“the Fund”) has entered into exclusive negotiations with Equistone and the management team to acquire a majority stake in Bretèche Industrie Group (“Bretèche” or “the Group”), a global leading manufacturer of industrial equipment for the production of food, pharmaceutical, and cosmetic products. The management team will reinvest alongside the Fund. Financial terms of the transaction are not disclosed and the completion of the transaction is subject to regulatory approvals.
