CRYOPDP is now part of Hivest Capital Partners

We’re thrilled to announce, in accordance with the agreement initially announced on March 2, 2020, that CRYOPDP is now part of Hivest Capital Partners. The independent French Private Equity firm has acquired CRYOPDP’s capital and aims to consolidate the company as a major international player with an extended network and market reach. 

“This evolution of shareholding structure occurs in the perfect timing for CRYOPDP, reflecting our fast growing strategy and market leadership ambition. This is an exciting moment, providing huge new opportunities and reinforcing CRYOPDP mission to improve the health of people around the world by providing global innovative temperature-controlled logistics solutions to the Clinical Research and Cell & Gene Therapy communities.'' Cédric Picaud, CRYOPDP Chief Executive Officer (CEO)

"We are proud to invest in CRYOPDP to accelerate the next phase of its development. Its strong market positions in Europe, in the US and  in Asia, quality of customer relationships and history of growth reflect the strength of the management team, the employees and the overall commitment to a culture of excellence and health improvement. In particular, Hivest Capital will continue to develop CRYOPDP and consolidate the market through strategic acquisitions in key geographies." Cédric Lépée, Managing Partner of Hivest Capital Partners

We are excited to offer together responses to new challenges of the high-end healthcare logistics market and to continue to develop the most innovative logistics solutions to the Clinical Research and Cell & Gene Therapy communities. 

 

About CRYOPDP 

One of the worldwide top specialists in the temperature controlled solution dedicated to Clinical Trials and Cell & Gene Therapies with more than 25 years of experience in Life Sciences, CRYOPDP has more than 250 employees in 12 countries. With its headquarters in France, CRYOPDP operates worldwide in more than 150 countries with a dedicated global network providing customized and tailor-made transport and logistic solutions for high-value time- and  temperature-sensitive shipments.

 

About Hivest Capital Partners 

Hivest Capital Partners is an independent French private equity firm approved by the Financial Markets Authority. In the context of buyout or expansion capital projects, Hivest Capital Partners invests in the capital of French SMEs or MidCaps whose turnover is generally between €50 million and €500 million. The private equity firm aims to help companies unlock their full potential through innovative growth strategies and operational performance improvements.

 

Contact

Corporate Communication: WwCRYOPDP-mkcommunication@cryopdp.com