COROB acquired by ARDIAN
Context
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. The strategic rationale for the acquisition centers on consolidating the firm’s global repositioning and maintaining its technology leadership in the highly specialized dosing and dispensing market. The partnership focuses on accelerating the target’s growth trajectory both organically and through a disciplined inorganic strategy, specifically targeting the expansion of the industrial plants and after-market services segments. By leveraging the acquirer’s extensive international network, the group aims to capitalize on the target's strong existing presence in the Americas and Asia, which already account for the majority of its turnover. The integration emphasizes intensifying research and development efforts to introduce next-generation automated systems while ensuring the high-quality maintenance of its existing global installed base. This transaction reinforces the group's standing as a primary enabler of technical innovation in the coatings and chemical industries.
COROB, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.7x).
-> Deep-dive in Industry & Manufacturing market trends
Target
Corob is a global leader in high-tech automation solutions for the dosing, dispensing, and mixing of liquids within the paint, coating, and chemical industries. The organization’s business model is centered on the design and manufacturing of precision instruments that automate the color tinting process, moving away from manual distribution to high-accuracy industrial workflows. Its value proposition is anchored in technological innovation and an extensive international after-sales network that ensures the operational durability of its equipment across diverse markets. Strategically, the firm operates a decentralized manufacturing footprint with production hubs in Europe, North America, and Asia to serve global industrial clients. By integrating hardware excellence with specialized software, the firm facilitates the transition toward fully automated point-of-sale and factory environments. The organization serves as a critical infrastructure partner for global chemical and coating firms seeking high-efficiency distribution systems.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with COROB
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 09/2024 | GRACO | COROB | ITALY | Special Machinery |
REFERENCES
Revenue range: 100M - 200M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of COROB by ARDIAN 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: ardian