Charterhouse has entered exclusive negotiations for the sale of a majority stake in Cooper Consumer Health, a France-headquartered provider of generalist over-the-counter (OTC) self-care pharmaceuticals, to CVC Capital Partners.
Buyout reportedly values the pharmaceutical glass packaging producer at around €900m
Vehicle will co-invest in European tech scale-ups alongside the venture capital funds in which it is invested
Procuritas will become the majority shareholder, while the founders of the companies will have a significant minority ownership of the merged entity
ProFounders Capital scores 25x money on the listing; other investors include Partech