COOPER-VEMEDIA acquired by CVC
Context
CVC acquired a majority stake in Cooper-Vemedia from Charterhouse. The transaction, valued at EUR2.2 billion, was won in a competitive process against a PAI/Ontario Teachers' consortium. The acquisition reflects CVC's appetite for high-cash-flow businesses with low capital intensity (Capex ~EUR10M). The goal is to pursue a buy-and-build strategy across Europe.
COOPER-VEMEDIA, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.6x).
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Target
A leading European consumer healthcare platform specialized in over-the-counter (OTC) treatments. Its portfolio includes iconic brands such as Oenobiol, Audispray, Mercurochrome, and Dakin. The group operates as both a manufacturer and a powerful distributor with a massive pharmacy network.
Ent. Value
Equity Value
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EV / Revenue
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 1b - 4b EUR
Revenue range: 450M - 900M EUR
EBITDA range: 100M - 200M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: cvc