Dicsa Group acquired by Diploma

SPAIN Industrial Equipment / Components / Valves, Pumps & Taps EV €100–350M

Context

Diploma PLC has acquired 100% of the Dicsa Group from the founding Carmen-Lequerica family. The strategic rationale for the acquisition is to accelerate the growth of Diploma’s Seals and Fluid Management division by integrating a market leader in continental Europe. Dicsa provides Diploma with significant exposure to the Spanish, French, and German markets, complementing its existing strongholds in the UK and the US. The transaction was initiated due to a lack of generational continuity within the founding family, ensuring the long-term sustainability of Dicsa’s expansion plan. For Diploma, the deal represents a high-quality "core" acquisition with attractive margins and a strong track record of organic growth. The integration is expected to leverage Dicsa’s manufacturing expertise in stainless steel to enhance Diploma’s global product portfolio.

Dicsa Group, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of 5x–12x.

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Target

Founded in 1983, Dicsa is a leading manufacturer and distributor of hydraulic and pneumatic connectors and components. The company operates a differentiated business model as both a specialized manufacturer of stainless steel fittings and a value-added distributor for a wide range of industrial applications. Its value proposition is built on an extensive product range (over 65,000 references) and rapid global delivery capabilities. Strategically, Dicsa is the market leader in Spain and maintains a strong international presence with subsidiaries in Italy and the United States. Serving as a critical link in the fluid power supply chain, the firm provides essential components for the construction, agriculture, and renewable energy sectors, ensuring high-performance fluid management in demanding environments.

Ent. Value

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

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REFERENCES

Valuation range: EV €100–350M

Revenue range: €50–100M

EBITDA range: €10–30M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

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

FAQ

What transaction does this page cover?

This page covers Diploma’s acquisition of 100% of Dicsa Group, a Spanish company specialised in Components, in 2023.

How was the acquisition of Dicsa Group by Diploma valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €100–350M band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Dicsa Group’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Dicsa Group generated annual revenue estimated in the €50–100M range and EBITDA in the €10–30M bracket (FY 2022). Detailed financial figures are available to members.

What sources support the information on this transaction?

Information on this transaction is supported by three corroborating sources: an official corporate announcement published by the parties, independent reporting from specialized financial publications, as well as a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

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