Montagu Private Equity LLP entered into exclusive talks to sell its portfolio company Dutch Ophthalmic Research Center International BV, or D.O.R.C., to Eurazeo SE.

Netherlands-headquartered D.O.R.C. manufactures ophthalmic surgery instruments and equipment.

The proposed deal, terms of which were not disclosed, will be submitted to the workers' council of the target company and is subject to clearance from competition and regulatory authorities.

HSBC and RBC Capital Markets are the joint sell-side financial advisers.