CVC Capital Partners ("CVC") and Astorg Partners ("Astorg") today announced that they have entered into exclusive discussions regarding the acquisition of Linxens (or “the Company”) by CVC.
Headquartered in France, Linxens is the global leader in the design and manufacture of smart card connectors. Linxens has 1,100 employees, five manufacturing facilities and three research and development centres in Europe and Asia. The Company’s connector products are a vital component of smartcards, enabling the communication and transactions that are central to a wide range of consumer, financial and public sector applications, including banking cards, SIMs for mobile telephony, ID and health cards, to name a few.