mynth
07/2019

FILORGA acquired by COLGATE-PALMOLIVE

FRANCE Consumer Products / Personal & Household / Hygiene & Beauty Brands EV 1b - 4b EUR

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 in 2019, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2019
2018

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FILORGA by COLGATE-PALMOLIVE 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.

Target: filorga

Acquirer: colgate-palmolive