Navis exits medical cold chain player to US strategic
Navis Capital Partners has sold 100% of B Medical Systems, a Luxembourg-based biotech cold chain provider with significant Asian operations, at an enterprise value of EUR 460m (USD 469m).
Navis acquired the company for an undisclosed sum via its USD 1.5bn seventh fund in 2015 as a subsidiary carve-out from medical refrigerator maker Dometic. Since then, the private equity firm has invested...
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