CHILL: 3i Infrastructure to Acquire Ionisos
Posted on 07/28/2019
3i Infrastructure, a unit of 3i Group, is investing €220 million for up to 100% of France-based Ionisos, a company that owns and operates cold sterilization facilities. Ionisos is a specialist in ionizing cold sterilization using ionization and ethylene oxide for the medical sector, pharmaceutical products, cosmetics and food packaging. The seller is Ardian. The deal is expected to be completed in December 2019.
Ionisos was formed in 1993 and has a portfolio of 11 facilities in Europe. On September 14, 2018, Ionisos acquired Stermed, the French sterilization solutions specialist. Stermed is based in Civrieux d’Azergues, to the north of Lyon.