mynth
← DATABASE
01/2022

BIO PRODUCTS LABORATORY (BPL) acquired by PERMIRA

UNITED KINGDOM Life Sciences / Pharma & Biotech / CDMO REV 250M - 500M GBP

Context

Permira acquired BPL from its sole shareholder, Tiancheng International Investment (TII), which had owned the business since 2016. The acquisition was part of a larger strategic plan to merge BPL's robust US collection network and specialized rare disease portfolio with Kedrion. By detaching BPL from its Chinese parent company, Permira allowed the business to refocus on its core UK and US markets. The combination created massive synergies in fractionation capacity and plasma supply, solving long-standing raw material bottlenecks for the UK-based manufacturing facilities.

BIO PRODUCTS LABORATORY (BPL), which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.6x).

-> Deep-dive in Healthcare & Pharma market trends

Target

BPL is a pioneer in the plasma industry, primarily focused on the development and manufacture of rare disease therapies. It operates two divisions: BPL Plasma (operating ~29 collection centers in the US) and BPL Therapeutics (manufacturing in the UK). Its products treat immune deficiencies, bleeding disorders, and infectious diseases.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2024
2023

Similar deals in Life Sciences

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
03/2022FRESENIUSMABXIENCESPAINCDMO
02/2022MONTAGU PRIVATE EQUITY / PARTNERS GROUPHTL BIOTECHNOLOGYFRANCECDMO
01/2022PERMIRAKEDRIONITALYCDMO
01/2022ANJAC BEAUTY & HEALTHAPOLLO HEALTHCARE CORP.CANADACDMO
01/2022ARDIANBIOFARMA GROUPITALYCDMO
12/2021PLANMECA GROUPKAVO DENTALGERMANYMedical Devices
12/2021THE CARLYLE GROUP / GTCRRESONETICSUNITED STATESMedical Devices
12/2021INTEGEROSCORUNITED STATESImplants & Prosthetics
12/2021WINNCAREPHARMAOUEST INDUSTRIESFRANCEMedical Devices
11/2021COLOPLASTATOS MEDICALSWEDENMedical Consumables

REFERENCES

Revenue range: 250M - 500M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BIO PRODUCTS LABORATORY (BPL) by PERMIRA are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: permira