London-based private equity firm BC Partners has acquired French natural healthcare group Havea from 3i Group for $1.16bn.
BC Partners led the investor group in partnership with PSP Investments and National Pensions Services Investment Management (NPS). The bidder intends to accelerate Havea’s pace of M&A and continue investing in digitalisation.
Proceeds to 3i will represent around 50% uplift to its 31 March valuation. Havea, which owns brands such as Aragan, Biolane and Vitavea, employs over 800 people and is headquartered in Boufféré, France.
Read more: Yahoo Finance
