White & Case LLP has advised private equity investor Ardian on the acquisition of a majority stake in SCHWIND eye-tech-solutions GmbH & Co. KG.

The details of the transaction, which is subject to approval by the relevant merger control authorities, have not been disclosed by the parties.

Ardian is an independent private equity investor with 430 employees managing assets of around $60 billion in Europe, North America and Asia. There are currently 130 companies in Ardian’s portfolio. The transaction was realized by Expansion Fund IV, which closed in June 2016 with a volume of €1 billion.

The White & Case team which advised on the transaction was led by partner Stefan Koch (Frankfurt) and included partners Bodo Bender (Frankfurt) and Markus Mette (Hamburg), local partners Ingrid Wijnmalen (Frankfurt), Justus Herrlinger (Hamburg) and Katrin Rübsamen (Berlin), and associates Tomislav Vrabec, Hugo Schwarz Leite (both Frankfurt), Julia Cornelius, Stefan Haiplik, Reinhard Sucker (all Hamburg) and Andreas Koessel (Frankfurt).