PARIS, September 25, 2025 - Proskauer has advised FNB Private Equity on entering exclusive negotiations with UI Investissement, aiming for a strategic partnership to support SMEs and mid-sized companies in the agri-food industry.
Merged into UI Investissement but still directly managing its current investment vehicles, FNB PE will maintain its growth ambitions in the agri-food sector, France’s leading industrial sector in terms of revenue (€212 billion), number of businesses (55,000 companies), and employment (nearly 500,000 jobs). This market is undergoing profound transformations that are opening up new growth opportunities: reindustrialization and modernization, environmental transition, changing consumer habits, and technological innovations.
FNB PE will complement UI Investissement’s expertise by contributing its sector specialization, a team of seasoned professionals with a deep understanding of strategic and operational challenges in business transformation, an extensive network of agri-food experts, experienced investors committed to ESG principles, and its ability to identify regionally rooted SMEs and ETIs suitable for primary transactions and family business transfers.
By joining a larger investment team with a strong regional presence (10 regional offices), FNB PE’s investment team will be well-positioned to successfully carry out key tasks: divestments from the FNB I portfolio and additional investments for the FNB II portfolio, supported by an expanded and experienced investor team. Additionally, FNB PE will benefit from a robust administrative and support services platform.
The transaction is expected to be finalized in autumn 2025, following consultation with investors in the FNB I and FNB II funds.
The Proskauer team was led from Paris by partner Xavier Norlain and included associate Vanessa Hamiane (M&A).
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