Ardian Is Said to Weigh Sale of $1 Billion Logistics Firm Staci

Ardianis considering a sale of European specialty logistics provider Staci amid consolidation in the industry, according to people familiar with the matter.

The private equity firm is speaking with potential advisers as it studies a divestment of its majority stake in the business, according to the people, who asked not to be identified because the information is private. A transaction could value the Paris-based business at 1 billion euros ($1 billion) or more, the people said.

Staci has attracted preliminary interest from other industry players and investment funds, and a formal process could kick off later this year, the ...