Ellex Raidla has advised 3i Infrastructure plc on its EUR 220 million acquisition of Ionisos from Ardian Expansion.
According to Ellex, Ionisos is “the third-largest cold sterilization provider globally.” Ionisos operates in the Baltics through the Scandinavian Clinics Estonia, which provides services under the Steri trademark. The company was established in 1993 in Civrieux, France, and operates a network of 11 facilities in Europe.
3i Infrastructure Chair Richard Laing commented: “Ionisos represents a great opportunity for 3i Infrastructure to diversify its sector exposure and increase its presence in the French market. It is a resilient business providing essential infrastructure to sectors with attractive long-term fundamentals."
The Ellex Raidla team consisted of Partner Sven Papp, Counsels Toomas Kasesalu and Jaanus Ikla, Senior Associates Gerda Liik and Reet Saks, and Associate Kairi Kilgi.