IK Partners Said to to Weigh €2 Billion Sale of France’s Kersia

IK Partners is exploring a potential sale of French disinfection and hygiene solutions provider Kersia, which could be valued at as much as €2 billion ($2.1 billion) in a deal, according to people familiar with the matter.

The European buyout firm is working with Bank of America Corp. to gauge interest for the business, the people said. A formal sale process could kick off later this year, said the people, who asked not to be identified because the discussions are private.

Deliberations are at an early stage and IK Partners could decide to keep the asset for longer, the people ...