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10/2018

INULA GROUP acquired by ARDIAN

BELGIUM Life Sciences / Pharma & Biotech EV 500M - 1.5b EUR

Context

Ardian acquired a majority stake in Inula from Vendis Capital and founder Dominique Baudoux. The founder and Vendis Capital retained reinvestment options, while the CEO and the management team reinvested significantly to increase their equity stake. The acquisition aimed to leverage Ardian's global footprint to accelerate Inula's expansion in the US, Italy, and Germany, and to pursue buy-and-build opportunities in the fragmented aromatherapy market.

INULA GROUP, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Healthcare & Pharma sector (14.8x).

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

Inula is a leading Belgian group specializing in natural therapies and phytotherapy. It operates through three flagship brands: Pranarom (scientific aromatherapy/essential oils), HerbalGem (concentrated gemmotherapy), and Biofloral (Bach flowers and floral extracts). The group is distinguished by its medical and scientific approach to natural products, sold primarily through pharmacies and organic specialty stores.

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 50M - 100M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INULA GROUP by ARDIAN are reserved for mynth community members. Register for free to unlock full data.

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).

Press release: view release

Target: inula group

Acquirer: ardian