Latham Advises TA Associates on Sale of Majority Stake in Solabia Group

Latham & Watkins has advised TA Associates, a leading global private equity firm, in the sale of a majority stake in Solabia Group, a global biotechnology ingredient solutions provider, to Astorg. 

TA Associates will reinvest in the business and will partner with Astorg to support Solabia in executing its growth plan, focused on international expansion and product innovation, through a combination of organic initiatives and targeted M&A.

The Latham team was led by Paris corporate partners Gaëtan Gianasso and Alexander Crosthwaite, with associates David Chatteleyn, Alexandre de Puysegur, Armand Levivier, Emma Dalle Nogare, and Cyril Thobois. Advice was also provided on tax matters by partner Xavier Renard, with associate Hugo Matricon; on finance matters by partner Hugh O’Sullivan, with associates Tamryn Gallagher, Jorunn Wirkola, Virginie Terzic, and Hugo Rivière; on antitrust matters by partner Mathilde Saltiel, with associate Constance Dobelmann; on healthcare and life sciences regulatory matters by partner Eveline Van Keymeulen, with associate Jeanne Fabre; on employment matters by partner Matthias Rubner, with associate Cosma Scutiero; and on IP and commercial contracts matters by partner Jean-Luc Juhan, with associate Daniel Martel.