FILORGA acquired by COLGATE-PALMOLIVE
Context
The transaction between Filorga and Colgate-Palmolive is a major strategic operation, which enables Colgate-Palmolive to strengthen its position in the personal care market. This acquisition allows Colgate-Palmolive to complete its range of personal care products, by integrating the expertise and products of Filorga. The transaction is also an opportunity for Colgate-Palmolive to strengthen its presence in the European market, where Filorga is already well established. The sale of Filorga to Colgate-Palmolive is the result of a sale process led by Goldman Sachs and BNP Paribas, which has attracted the attention of several cosmetics giants. The transaction is expected to be finalized by the end of the third quarter of 2019.
FILORGA, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the Retail & Consumer sector (11.0x).
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.
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Target
Filorga is a leading provider of anti-aging skincare products, present in over 70 countries. The brand has experienced exponential growth in recent years, with a constant increase of at least 50% in sales. Filorga offers a range of high-quality products, benefiting from a unique positioning that has attracted increasingly demanding consumers. The company was founded in 1978 and has developed expertise in the field of anti-aging skincare. Filorga is particularly known for its hyaluronic acid-based anti-wrinkle creams, highly appreciated by Asian consumers. The brand has also developed a significant presence in China, where it has become one of the market leaders. Filorga is a dynamic brand, always looking for new growth opportunities. The company has developed a diversification strategy for its products and markets, in order to strengthen its position in the international market.
Ent. Value
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 1b - 4b EUR
Revenue range: 250M - 500M EUR
EBITDA range: 50M - 100M EUR
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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).
Target: filorga
Acquirer: colgate-palmolive