CDPQ to buy minority stake in diagnostics provider Sebia

Caisse de dépôt et placement du Québec (CDPQ) has agreed to acquire a significant minority stake in Sebia Group, a Lisses, France-based in-vitro diagnostics company focused on oncology, genetic haemoglobin and metabolic disorders. No financial terms were released. CDPQ is buying the position from European private equity firms Astorg Partners and Montagu Private Equity. Astorg and Montagu jointly acquired Sebia in 2014. CDPQ Head of Private Equity Stéphane Etroy said the Canadian pension fund's investment will "support the company as it expands into new opportunities in the diagnostics sector."

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