At what enterprise value was BLITZ LUXCO acquired in 2024?

During the acquisition of BLITZ LUXCO by GERRESHEIMER in 2024, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BLITZ LUXCO when it was acquired by GERRESHEIMER?

The estimated EV/EBITDA multiple for BLITZ LUXCO is in the range of 10x - 18x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.6x. Join our community for free to access full valuation data and industry trends.

When was BLITZ LUXCO acquired by GERRESHEIMER?

BLITZ LUXCO was acquired by GERRESHEIMER in 2024.

What was the revenue of BLITZ LUXCO at the time of the deal?

The revenue of BLITZ LUXCO at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of BLITZ LUXCO during the acquisition?

BLITZ LUXCO's EBITDA is estimated to be in the range of 50M - 100M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the BLITZ LUXCO acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the BLITZ LUXCO deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.gerresheimer.com/kunden/unternehmen/neuigkeiten/detail/gerresheimer-uebernimmt-blitz-luxco-sarl-die-holding-gesellschaft-der-bormioli-pharma-gruppe-moulded-glass-geschaeft-wird-strategisch-neu-aufgesetzt

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Home Database Industry & ManufacturingBLITZ LUXCO

05/2024

BLITZ LUXCO acquired by GERRESHEIMER

ITALY Chemicals & Materials / Packaging & Containers EV 500M - 1.5b EUR

Context

Gerresheimer Glas GmbH has signed an agreement to acquire Blitz LuxCo Sarl, the holding company of Bormioli Pharma Group, from the private equity firm Triton. This strategic acquisition significantly strengthens Gerresheimer's footprint in Southern Europe and expands its portfolio of moulded glass and plastic packaging solutions. By integrating Bormioli Pharma's nine European production sites, Gerresheimer accelerates its transformation into a holistic system and solution provider, offering complete "bottle-and-closure" combinations. The transaction is expected to be accretive to earnings per share (EPS) by more than 10% in the first year and generate meaningful commercial and operational synergies.

BLITZ LUXCO, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Bormioli Pharma is a leading European manufacturer of primary pharmaceutical packaging and delivery systems. Headquartered in Italy, the company operates nine production sites across Europe (Italy, France, Germany) and employs approximately 1,500 people. Its portfolio includes moulded glass bottles, plastic containers, closures, accessories, and dosing systems for the pharmaceutical and biopharmaceutical industries. Bormioli Pharma produces over 8 billion units annually and is recognized for its comprehensive range of integrated solutions (bottle + closure).

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04/2024	INTERNATIONAL PAPER COMPANY	DS SMITH	UNITED KINGDOM	Paper & Cardboard
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02/2024	CONSTANTIA FLEXIBLES	ALUFLEXPACK	SWITZERLAND	Packaging & Containers
01/2024	GALIENA CAPITAL	EXTRUFLEX	FRANCE	Plastics
11/2023	CRH	MARTIN MARIETTA STCC	UNITED STATES	Construction Materials
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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BLITZ LUXCO by GERRESHEIMER 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.