Home Database Industry & ManufacturingGiovanni Bozzetto

03/2023Majority

Aimia / Paladin Private Equity take majority stake in Giovanni Bozzetto

ITALY Chemicals & Materials / Specialty Chemicals EV CAD 300–700M

Context

Aimia Inc. acquired a majority stake (~94%) in Giovanni Bozzetto S.p.A. from Chequers Capital and other minority shareholders. The transaction was a partnership with Paladin Private Equity, which received an option to acquire up to 19.9% of the equity. The strategic goal was to leverage Bozzetto’s ESG leadership to expand into the Americas and Asia through organic growth and accretive M&A.

Giovanni Bozzetto, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, standing directly in line with the average observed in the Industry & Manufacturing sector (11.1x in 2023).

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Target

Founded in 1919, Bozzetto is a global ESG-focused provider of specialty chemicals. It serves a diverse range of end-markets including textiles (softeners, dyes), construction (plasterboard additives), water treatment, and personal care. The group operates 6 manufacturing facilities worldwide, employs over 500 people, and has a vast portfolio of over 2,000 products.

Ent. Value

CAD 300–700M

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (CAD)

Year

Rev

EBITDA

EBIT

2022

2021

Other operations with Giovanni Bozzetto

Other operations with Giovanni Bozzetto
Date	Acquirer	Target	Country	Sector
02/2026	ONE EQUITY PARTNERS	GIOVANNI BOZZETTO	ITALY	Specialty Chemicals

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REFERENCES

Valuation range: EV CAD 300–700M

Revenue range: CAD 250–500M

EBITDA range: CAD 25–50M

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 Giovanni Bozzetto by Aimia / Paladin Private Equity 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.

Acquirer: paladin private equity / aimia

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Giovanni Bozzetto, an Italian company specialised in Specialty Chemicals, by Aimia and Paladin Private Equity in 2023. Ownership has since evolved, leading to a subsequent transaction with One Equity Partners in February 2026 (see the dedicated deal page for details).

How was the acquisition of Giovanni Bozzetto by Aimia valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the CAD 300–700M 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 Giovanni Bozzetto’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Giovanni Bozzetto generated annual revenue estimated in the CAD 250–500M range and EBITDA in the CAD 25–50M bracket (FY 2022). Detailed financial figures are available to members.

How does the valuation of Giovanni Bozzetto compare to benchmarks in the Industry & Manufacturing sector?

With an estimated multiple range of 5x - 12x, the transaction stands directly in line with historical averages for the Industry & Manufacturing sector (11.1x in 2023).

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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