Ropes & Gray Advised PAI Partners on the Acquisition of the Innovad Group from IK Partners

Ropes & Gray Advised PAI Partners on the Acquisition of the Innovad Group from IK Partners

Ropes & Gray has advised PAI Partners on all legal aspects of the acquisition of the Innovad Group from IK Partners. Innovad Group, headquartered in Antwerp (Belgium), is a leading supplier of animal health and nutrition solutions, offering a wide range of specialty additives, which mainly focus on the poultry, ruminant and swine species.

PAI intends to support Innovad Group’s transformation journey and further establish the group as a leader in the attractive specialty animal feed additives market by accelerating organic growth, pursuing strategic acquisitions, and building a solid platform to continue Innovad Group’s expansion.

The transaction is expected to close in the first quarter of 2026.

The Ropes & Gray team was led in Paris by Fabrice Cohen (Partner/ Co-Lead of European Private Equity Transactions Practice), with support from Raphaël Durand (Counsel/ Private Equity), Alexis Mesnildrey (Senior Associate), and Jean-Christophe Urrutia-Calvet (Associate) and Chloë Pakiry (Associate).

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