A consortium comprising Siparex, BNP Paribas, Carvest-Crédit Agricole Regions Investissement and AfricInvest has agreed to wholly acquire Sintex NP, the France-based subsidiary of India-headquartered Sintex Plastics Technology, for €155m.
Managing director Craig Ferguson discusses accelerated deployment activity during the pandemic and plans to scale up the PE allocation by 2025
Fund has a target of $600m, which it plans to reach by next year, according to Kommersant
Existing investors including Institut Català de Finances also take part in the financing
Biotech company initially raised €12m in December 2018