Sequana to sell Arjowiggins Healthcare to Meeschaert

摘要

Sequana announced the sale of its Arjowiggins Healthcare division to French investment company Meeschaert Private Equity. Sequana reported it was in exclusive negotiations with the buyer and that the transaction was scheduled to be concluded by the end of the second quarter. Arjowiggins Healthcare, headed by Thibaut Hyvernat, produces sterilisation packaging solutions for medical devices. On this market, the company reportedly has leading positions via its Sterimed and Sterisheet brands. Arjowiggins Healthcare is an integrated firm, producing and converting the papers and substrates used to package sterile medical devices such as syringes, healthcare kits, gowns, drapes, gauzes and catheters.