mynth
07/2021

FARMOL acquired by PORTOBELLO CAPITAL

ITALY Chemicals & Materials / Specialty Chemicals REV 100M - 200M EUR

Context

Portobello Capital acquired 100% of Farmol, the Italian contract manufacturer of aerosol and liquid products based in Comun Nuovo, from Green Arrow Capital, in a transaction announced on 27 July 2021. At the time of the deal, Farmol generated revenue of and employed about 700 people across six production sites in Italy, Hungary, Slovakia and Tunisia, with chief executive Francesco Maestri staying at the head of the business. Green Arrow Capital had owned Farmol for five years, having backed it through Green Arrow Private Equity Fund 3, and the sale was the first exit for that fund. Portobello planned to build Farmol into a platform in aerosol manufacturing, through organic growth, the development of its healthcare business and acquisitions in the sector. Ethica Group advised Portobello Capital on the acquisition, while Green Arrow Capital was advised by Mediobanca and Intesa Sanpaolo.

-> Deep-dive in Industry & Manufacturing market trends

Target

Based in Comun Nuovo, near Bergamo, Farmol manufactures aerosol and liquid products on behalf of other companies, which sell them under their own brands. Its lines fill and pack sprays, foams, gels and liquids for beauty and personal care, household cleaning and pharmaceutical use, from formulation through to the finished packaged product. Its customers are consumer goods companies that outsource part of their production, and it manufactures at six sites in Italy, Hungary, Slovakia and Tunisia.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2020
2019

Other operations with FARMOL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
07/2026DALLI GROUPFARMOLITALYSpecialty Chemicals

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 FARMOL by PORTOBELLO CAPITAL 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

Target: farmol

Acquirer: portobello capital