Edmond de Rothschild Investment Partners (EdRip) has exited security equipment distributor Itesa after a five-year holding, selling its stake to CM-CIC Investissements.
Announcement follows a series of discussions with potential strategic and financial investors
Board of the UK-based listed pharmaceuticals company has agreed to the offer
Venture capital firm Felix Capital appoints Susan Lin and Julien Codorniou as its new partners
Private equity suitors could preempt the auction given the popularity of the space