Ardian signed an agreement to acquire Attero B.V. from 3i Infrastructure plc (LSE:3IN), a fund managed by 3i Investments Plc and funds managed by Deutsche Asset Management Investment GmbH for approximately ?220 million on July 21, 2023. The proceeds will be used to partially repay drawings on 3i Infrastructure plc's revolving credit facility. The transaction is conditional on works council consultation and receiving clearance from the European Commission under the EU Merger Regulation.

Completion is anticipated in Q4 2023. De Brauw Blackstone Westbroek N.V. acted as legal advisor, Royal Bank of Canada acted as financial advisor and Deloitte acted as accountant to Ardian. Macquarie Capital acted as financial advisor to 3i Investments Plc and Dws Investment Gmbh.

Honée, Charles and McNutt, Megan of Allen & Overy acted as legal advisor to 3i Infrastructure in the transaction.