October 1, 2015

IK has entered into exclusive discussions with Ardian for the sale of Solina, a leading European food solutions provider. 

Willkie client IK Investment Partners has received an irrevocable binding offer from Ardian Mid Cap Buyout for the sale of Solina Group, a leading European food solutions provider. On the basis of this offer, IK has entered into exclusive discussions with Ardian.

Solina is a leading provider of food ingredient solutions in Europe with more than 40 years’ experience in the design and production of ingredient-based functional and culinary solutions for the food industry. In total, Solina has eight R&D centers and 11 production plants across Europe and Asia, with approximately 1,000 employees worldwide.

IK Investment Partners is a pan-European private equity firm focused on investments in the Nordics, DACH region, France and Benelux. This matter is the sixth transaction on which the Paris office has advised IK in 2015.

The Willkie team for this transaction is led by corporate partner Eduardo Fernandez and includes national partner Grégory de Saxcé and associate Elise Carrera in corporate, partner Paul Lombard and associate Igor Kukhta in finance, and partner David Tayar on antitrust aspects.