3i announces the sale of Q Holding’s Precision Components Division for proceeds of c.$172m

3i announces the sale of Q Holding’s Precision Components Division for proceeds of c.$172m

3i Group plc (“3i”) today announces that it has agreed the sale of Q Holding’s Precision Components Division, a leading provider of silicone and elastomeric molding and extrusion capabilities to the medical device and biopharma markets, to Cirtec Medical and SaniSure. Proceeds to 3i are expected to be c.$172m.

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