Update on intended offer by PAI and Charles Jobson for Wessanen

Paris, France / Boston Massachusetts, U.S. / Amsterdam, the Netherlands - 8 May 2019

PAI Partners submits a binding offer for the acquisition of Areas

Paris, France – PAI Partners, a leading European private equity firm, announces that it has sent an irrevocable offer for the acquisition of Areas, one of the global leaders in the travel catering market, from Elior Group. The contemplated transaction is in partnership with the current management team of Areas.

StellaGroup, backed by PAI Partners, agrees acquisition of CRH’s Shutters & Awnings platform