Astorg Enters Exclusive Negotiations to Acquire Solina from Ardian
May 4, 2021
Astorg has entered exclusive negotiations to acquire a majority stake in Solina, the France-headquartered manufacturer of ingredient and seasoning blends, from Ardian. Solina's management will reinvest alongside Astorg as the company looks to accelerate growth and expand further, notably into the United States; terms were not disclosed and the deal is subject to regulatory approvals and workers' council consultation.
- Buyers
- Astorg
- Targets
- Solina
- Sellers
- Ardian
- Industry
- Food & Beverage
- Location
- Brittany, France
- Transaction Type
- Buyout
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