Eight Advisory performed the financial and tax due diligence on behalf of Mérieux Private Equity and Siparex in the acquisition of Piercan
Eight Advisory performed financial and tax due diligence on behalf of Mérieux Private Equity and Siparex in its acquisition of Piercan. Piercan is a Normandy-based company and a global player in technical gloves for the pharmaceutical and nuclear industries, opening its capital for the first time.
In its sixth investment, the investment company Mérieux, together with Siparex, acquires a majority stake in Piercan.
Founded in 1948 in Port-en-Bessin, Normandy, Piercan produces technical gloves and other accessories. The gloves are manufactured in France and in the United States and meet certain requirements for resistance and insulation. These products are distributed in 80 countries around the world.
“We are very proud to have supported Mérieux Private Equity and Siparex teams in their acquisition of Piercan. This is an important transaction for a global player in the manufacture of technical gloves.”
Eight Advisory’s involvement in this transaction
- Financial due diligence: Gennat Mouline (Partner), Victor Heilweck (Senior Manager)
- Tax due diligence: Guillaume Rembry (Partner – Attorney), Jeremy Cosma (Attorney) and Solène Rochefort (Attorney)
