Clearwater has advised NCI, Turenne Capital Partenaires, Amundi PEF, Crédit Mutuel Nord Europe Partenariat and the management team of Didactic on the sale of a majority stake to private equity fund FCDE. The sale marks an exit for current PE funds NCI, Turenne Capital Partenaires, Amundi PEF and Crédit Mutuel Nord Europe Partenariat.
For over fifty years, Didactic has been specialising in the development, production, sterilisation and supply of single-use medical devices, focused on medical and nursing professionals’ protection requirements and patients’ hygiene and comfort. Operating under four own brands, Didactic has become a key partner of the French hospitals, with its dedicated offer of specialist products and high-quality service. Didactic employs 74 staff and for the fiscal year ending September 2020, it reached sales of €56m.
The group has strengthened its organisation over the last few years and intends to accelerate its development, particularly abroad. The arrival of FCDE in the shareholding structure will enable the Group to lead its dynamic strategy of external growth in France and abroad. The Group aims to become a European leader in the prevention of infectious risks.
The management team takes advantage of this transaction to bring a larger group of managers into the capital of the Group.
