Nutrilux wants to buy 74% of Provimi

Nutrilux values Provimi at €783 million ($1.01 billion) and wants to buy 74%
of the company for €30 a share.

Provimlux is owned equally by private
equity firms CVC Capital Partners and PAI Capital Partners, which acquired
Provimi in 2002 for €833 million. It said the announcement was made in reaction
to press speculation. It will make a further statement ‘in due
course.’