Ardian has agreed to acquire a majority stake in French group Prosol, better known as Grand Frais, which specialises in the distribution of fresh food products.
Latest funding round with Target Partners brings the company's total funding to $27m
GP to buy the Spanish electro-medicine manufacturer Indiba from Minerva for around €60m
Rubicon provided fresh capital to support the acquisition of the automotive fluids business
No management changes are planned, and the firm will be run by the executive team