Arkéa Capital buys minority in Landanger
Private equity firm Arkéa Capital has acquired a minority stake in France-based surgical instruments manufacturer Landanger through an LBO transaction.
Arkéa joins majority backer 21 Invest and the Landanger family, who retains a minority stake.
21 Invest France entered exclusive negotiations to take a controlling stake in the Landanger group in May this year. The GP invested via 21 Centrale Partners V, according to Unquote Data. Ardian provided unitranche to support the transaction.
The GPs will strengthen Landanger's position in France by expanding its offering through innovation capacity, and will also help the business to expand abroad.
Company
Established in 1947 and based in Paris, Landanger manufactures reusable surgical instruments for open surgeries under the Landanger brands, as well as under the name Delacroix-Chevalier for cardiology instruments. It also makes ancillary products for orthopaedic surgeries under the brand Maire Didier. The company's revenues amounted to €25m in 2018.
People
Landanger – Benoit Landanger (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









