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01/2022

APOLLO HEALTHCARE CORP. acquired by ANJAC BEAUTY & HEALTH

CANADA Life Sciences / Pharma & Biotech / CDMO EV 100M - 350M EUR

Context

Anjac acquired a majority stake in Apollo Healthcare Corp marking its 8th acquisition in five years. The founders, the Wachsberg brothers, remain as co-CEOs and shareholders. This deal is the cornerstone of Anjac's North American expansion, following the 2019 acquisition of Cosmetix West. The merger allows Anjac to offer global industrial capacity and specific OTC technologies (like FDA-approved sun care) to its international brand customers.

APOLLO HEALTHCARE CORP., which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Healthcare & Pharma sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Apollo Healthcare Corp. is one of North America's largest private label personal care manufacturers. It specializes in the development and high-volume production of beauty, wellness, and Over-The-Counter (OTC) products (notably sun care). Apollo serves major North American mass retailers, drugstores, and wholesale clubs. The company is known for its Corporate robustness and its ability to manage large-scale private label contracts for retail giants.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of APOLLO HEALTHCARE CORP. by ANJAC BEAUTY & HEALTH are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).