PSP Investments buys stake in animal-tag maker Allflex: Reuters
PSP Investments, one of Canada's biggest pension funds, said it had acquired a significant minority stake in French company Allflex Group, the world's biggest maker of electronic tags for animals, from private equity firm BC Partners, Reuters reported. The purchase was overseen by PSP's new team in London, led by Simon Marc, and is likely to be followed by further deals in Europe as PSP looks to increase its presence in Europe's private equity market after having opened an office in London last year.
13 June 2016•2 mins read
