CELLI GROUP acquired by ARDIAN
Context
Ardian acquired 100% of Celli from Consilium (70%) and the founding family (30%). The management team reinvested alongside Ardian to hold a minority stake. The deal ended a successful six-year holding by Consilium, during which Celli completed four acquisitions (ADS2, Cosmetal, Angram, FJE Plastic). Ardian's entry is designed to accelerate international expansion and further leverage Celli's digital IT platform for remote dispenser management.
CELLI GROUP, which reported an EBITDA margin of LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).
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
Founded in 1974, Celli is a global leader in the design, manufacturing, and installation of dispensing systems for beer, soft drinks, and water. The group serves major international brands (Heineken, Coca-Cola, Pepsi) and has developed a proprietary IoT platform for remote fleet management. It operates 5 plants in Italy and the UK.
Ent. Value
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Multiples
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 5M - 25M EUR
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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).
Press release: view release
Target: celli group
Acquirer: ardian