Astorg Partners has sold its entire interest in utility meters installation, management and maintenance business CIS to Ista International GmbH. The sale, which generated an IRR of about 80% and a money multiple of 3.3x for Astorg, values the company at EUR 270m.
GP buys substantial minority in Belgium-based industrial bread-making machinery specialist
Ardian acquires Crédit Mutuel Equity's stake in the France-based packaging manufacturer
Fund-of-funds invests in primary and secondary private equity funds across the US, Europe and Asia
GP buys the company from private equity house B4 Investimenti and founders Giuseppe and Luca Cerea