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: