Orrick Advised Ionisos on its Acquisition of a Sterilization and Crosslinking Facility from Studer Cables AG

2 minute read | August.14.2023

Orrick advised Ionisos, leading European provider of outsourced terminal sterilization and irradiation services, owned by 3i Infrastructure, in connection with the acquisition via a carve-out of an E-beam sterilization and crosslinking facility from Studer Cables AG in Däniken, Switzerland.

Ionisos is a leading European provider of outsourced terminal sterilization and irradiation services for the medical device, pharmaceutical, and advanced application markets. It also provides cross-linking services for clients in various industry sectors. Headquartered in France, Ionisos operates facilities in France, Spain, Germany, and Estonia. Ionisos is owned by 3i Infrastructure plc, listed on the London Stock Exchange.

3i Infrastructure is a permanent capital vehicle and member of the FTSE 250 (launched in 2007 with a current £2.9bn market cap) which invests in core / core-plus economic infrastructure businesses, greenfield PPPs and low-risk energy projects across Europe.

The acquisition will increase Ionisos’ sterilization capacity, diversifies its technology mix and extend its geographic footprint in Europe.

A cross-practice Orrick team advised Ionisos with:

Patrick Tardivy (Lead Partner, M&A Private equity) and Marc Diab Maalouf (Middle Associate) on Corporate aspects;
Julia Apostle (Partner) and Rami Kawkabani (Senior Associate) on data, IP, IT aspects;
Carine Mou Si Yan (Partner) on financing aspects; and
Patrick Hubert (Partner) and Quitterie de la Poype (Associate) on antitrust aspects.

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Patrick Tardivy Partner, Mergers & Acquisitions, Private Equity

Paris

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Practice:

Energy & Infrastructure Sector
Mergers & Acquisitions
Private Equity
Infrastructure
Energy
Real Estate
Capital Markets

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Patrick Tardivy Partner

Paris

Patrick advises French and international companies and investors on all aspects of corporate law in the context of acquisitions, disposals, mergers, reorganizations, including business carveouts and strategic alliances.

Patrick is particularly active in the energy and infrastructure fields as well as the tech sectors, working alongside investment funds, French and foreign groups, on both domestic and cross border transactions. Patrick also has significant experience in M&A projects with a focus in the real estate sector where he acts as lead counsel on high-profile transactions.

Recognized by the major international ranking guides, Patrick is valued by his clients for his "business sense is exceptionally useful; he knows our business model and what we are capable of achieving. There is a mutual sense of trust" (Chambers Global 2024). “Patrick has an impressive work force. It strives to always be innovative at the service of its customers in order to make them benefit from the latest market trends (W&I insurance for example)”. (Legal 500 EMEA 2023).

Prior to joining Orrick in 2016, Patrick was a partner in a Magic Circle law firm.

Julia Apostle Partner, Technology Transactions, Cyber, Privacy & Data Innovation

Paris

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Practice:

Technology & Innovation Sector
Technology Transactions
Cyber, Privacy & Data Innovation
Technology & Innovation

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Julia Apostle Partner

Paris

Julia counsels on compliance issues in relation to European and French tech and data regulations, including the GDPR, the Digital Services Act, the regulation of AI, the Data Act and other new and emerging legislation impacting online platforms, technology developers, and eCommerce businesses. She advises companies of all sizes on a wide range of compliance matters, ranging the drafting of internal policies, to assisting with regulatory investigations, and product counseling.

In the context of strategic transactions covering significant and complex technological issues, she is involved in the drafting and negotiation of agreements relating to data transfer, IT, software, content and brand licensing.

Qualified to practice in the UK and France, Julia is deeply familiar with the commercial considerations’ clients face, having practiced in-house at Twitter, Financial Times and CBS for more than a decade prior to joining Orrick.

Patrick Hubert Partner, Antitrust & Competition, Strategic Advisory & Government Enforcement (SAGE)

Paris

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D:+33 1 5353 7500
E: [email protected]

Practice:

Antitrust & Competition
Strategic Advisory & Government Enforcement (SAGE)

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Patrick Hubert Partner

Paris

This breadth of experience has allowed him to become a leading authority in the field of antitrust, but his background helps him borrow ideas from anywhere – finding imaginative solutions for the legal and business challenges his clients face.

Patrick has long been a trailblazer in his field. For example, years before private compliance programs became commonplace, Patrick persuaded his clients to dedicate resources to compliance policies, thus being one of the first to encourage proactive rather than strictly reactive actions. In France, he was one of the first to launch antitrust recovery claims and to work on a private standalone claim, without any precedent from the regulator. Acting on the plaintiff side, he obtained what was at that time the highest fine ever imposed on a dominant company (350 M€).

He is currently handling private claims totaling more than 5 billion euro, advising global tech companies and other multinationals in French and EU competition matters, including merger control filings, cartel and abuse of dominance investigations, state aid and compliance work, as well as private damages actions before the French courts. In addition, he serves as vice chairman of the competition commission of the International Chamber of Commerce and chairs its merger control working party.

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