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France Private equity

18 Jun 2010

Willkie works on €500m PAI purchase

Willkie Farr & Gallagher’s respected Paris office has worked for long-standing client PAI Partners on its purchase of a majority stake in a medical testing company.

 

The transaction saw the France-based private equity firm agreed to acquire a majority stake in Cerba European Lab from UK private equity counterpart IK Investment Partners. The total consideration is €500m.


Willkie Farr acted for PAI with a team headed by partner Eduardo Fernandez. IK was represented by SJ Berwin. Maxence Bloch was the main partner.