mynth
01/2019

CELLI GROUP acquired by ARDIAN

ITALY Industrial Equipment / Process Engineering & Production Lines / Food & Beverage Lines EV 300M - 700M EUR

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.

-> Deep-dive in Industry & Manufacturing market trends

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

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2016
LOGIN
LOGIN
LOGIN
2015
LOGIN
LOGIN
LOGIN

Similar deals in Industry & Manufacturing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
08/2019AGILENT TECHNOLOGIESBIOTEK INSTRUMENTSUNITED STATESIndustrial Equipment

Agilent has finalized the acquisition of BioTek Instruments in an all-cash transaction, a maneuver designed to fundamentally expand its capabilities in the critical cell analysis technology sector. The strategic rationale for this transaction centers on a "workflow-simplification" play, merging the target's industry-leading expertise in microplate detection and imaging with the group’s established presence in live-cell, real-time analysis

02/2019DANAHERGE LIFE SCIENCESUNITED STATESIndustrial Equipment

Danaher has finalized an agreement to acquire GE Biopharma in a transformational all-cash transaction, an operation designed to fundamentally redefine the landscape of the global bioprocessing market. The strategic rationale for this transaction centers on a "Bioprocessing-Powerhouse" play, merging the target's industry-leading technical operational depth in chromatography and cell culture with the group’s established life sciences platform and the power of the Danaher Business System

09/2018GROUPE ATLANTICACVBELGIUMIndustrial Equipment

Groupe Atlantic has finalized the 100% corporate acquisition of Belgian thermal comfort specialist ACV, marking a significant cross-border consolidation play within the European HVAC sector. Founded fifty years ago by Pierre Lamoure and Paul Radat, ACV is widely renowned for its high-performance sanitary water heating and space heating solutions tailored for both residential and commercial applications

07/2018MARELMAJAGERMANYIndustrial Equipment

The transaction represents the 100% ownership transition of MAJA into Marel’s corporate architecture, finalizing a strategic succession process for the historical family owners who have managed the asset since its inception in 1955

07/2018WEIR GROUPESCO CORPORATIONUNITED STATESIndustrial Equipment

The acquisition of ESCO Corporation by The Weir Group represents a transformative consolidation in the global mining equipment sector, creating a leading provider of mission-critical surface mining solutions

07/2018ARDIANCOROBITALYIndustrial Equipment

Ardian has successfully finalized an agreement with Wise SGR to acquire a majority stake in Corob S.p.A., marking a strategic entry into the specialized automation sector. This transaction is structured as a partnership, with both the existing financial sponsor (Wise SGR) and the senior management team, led by the President and CEO, reinvesting alongside the new majority owner

05/2018MOTION EQUITY PARTNERSHOLWEG WEBERUNITED STATESIndustrial Equipment

Holweg Weber has been acquired by Motion Equity Partners in a leveraged buyout that concludes a competitive process overseen by UBS and involves the exit of Azulis Capital and several minority shareholders

10/2017IK PARTNERSLINXIS GROUPFRANCEIndustrial Equipment

The acquisition of Bretèche Industrie (now LINXIS GROUP)by IK Investment Partners represents a major turning point in the group’s trajectory, marking the end of a successful investment cycle under Equistone Partners Europe

04/2017AMETEKMOCONUNITED STATESIndustrial Equipment

AMETEK has completed the acquisition of MOCON, a specialized provider of gas measurement and analysis instruments used in packaging testing and industrial quality control. This move aligns with AMETEK's strategy to strengthen its presence in the gas analysis instrumentation market, as well as its measurement solutions for the food and pharmaceutical industries, two sectors characterized by high standards for quality and compliance

04/2017HITACHI HIGH-TECHNOLOGIES CORPORATIONOXFORD INSTRUMENTS (INDUSTRIAL ANALYSIS)UNITED KINGDOMIndustrial Equipment

The agreement to acquire the Industrial Analysis business represents a strategic expansion of analytical technology portfolios, particularly in the sectors of environmental safety and material security

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CELLI GROUP by ARDIAN 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).

Press release: view release

Target: celli group

Acquirer: ardian