At what enterprise value was ARTSANA acquired in 2017?

During the acquisition of ARTSANA by INVESTINDUSTRIAL in 2017, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ARTSANA when it was acquired by INVESTINDUSTRIAL?

The estimated EV/EBITDA multiple for ARTSANA is in the range of 10x - 18x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

When was ARTSANA acquired by INVESTINDUSTRIAL?

ARTSANA was acquired by INVESTINDUSTRIAL in 2017.

What was the revenue of ARTSANA at the time of the deal?

The revenue of ARTSANA at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ARTSANA during the acquisition?

ARTSANA's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ARTSANA acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ARTSANA deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.investindustrial.com/our-business/portfolio-overview/current-portfolio/Artsana.html

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Home Database Retail & ConsumerARTSANA

04/2017

INVESTINDUSTRIAL takes majority stake in ARTSANA

ITALY Consumer Products / Personal & Household EV 1b - 4b EUR

Context

Private equity sponsor Investindustrial, led by Andrea Bonomi, has entered into a binding agreement to acquire a 60% controlling equity stake in Artsana Group. Structured to ensure seamless operational continuity, the founding Catelli family (previously the sole owners of the business) will roll over a significant portion of their equity to retain a 40% minority position. Furthermore, Michele Catelli will remain Chairman of the board, and Claudio De Conto will continue to serve as Chief Executive Officer. The leveraged buyout is supported by a debt financing package provided by UniCredit (acting as global coordinator and mandated lead arranger), alongside BNP Paribas and Natixis as mandated lead arrangers. The sell-side was advised by Lazard, while the acquirer was advised by UniCredit (financial), PWC (financial due diligence), and Bain & Co (commercial due diligence). The strategic partnership is explicitly designed to accelerate Artsana's ambitious international expansion and growth trajectory. By injecting significant human and financial capital, Investindustrial intends to propel the company toward new corporate milestones while preserving a heavy emphasis on R&D to drive continuous product innovation. Additionally, the sponsor will assess the future strategic direction of Artsana's existing joint venture with Italian toy manufacturer Giochi Preziosi, which operates prominent retail networks including Toy Center, Bimbo Store, and Prénatal.

ARTSANA, which reported an EBITDA margin of LOGIN in 2015, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.3x).

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

Artsana is a European industrial group active in consumer products dedicated to early childhood and family care, structured around an integrated brand portfolio spanning baby care equipment, infant health, toys and specialised retail distribution. The group operates across both B2C and B2B2C segments, characterised by high sensitivity to distribution channels and multi-market exposure. Its portfolio includes established brands such as Chicco, Prénatal, Toys Center and Fiocchi di Riso, covering complementary categories from birth to early childhood. This structure enables broad value chain coverage, combining product development, retail distribution and omnichannel presence across multiple European and international markets. The group maintains a significant international footprint, with a consolidated presence in Europe and a growing exposure to global markets, representing a structural component of its activity base. This reach is supported by integrated distribution networks and local commercial partnerships, enabling adaptation to diverse regulatory and market environments.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2026	INVESTINDUSTRIAL	ARTSANA	ITALY	Consumer Products	Artsana undergoes a structured balance sheet reinforcement combining a shareholder loan conversion and a capital injection jointly executed by Investindustrial and the Catelli family, aimed at consolidating the group’s financial architecture and supporting its ongoing industrial repositioning. The transaction is based on the conversion into equity of a shareholder loan originated in the context of the 2016 LBO, complemented by a cash capital increase subscribed by both reference shareholders. The total reinforcement amounts to €258 million, of which approximately €208 million derives from the conversion and €50 million from new cash contributions. This operation is designed to simplify the capital structure and reduce medium-term refinancing pressure. In parallel, the group secures a renewed banking framework through the extension and restructuring of existing credit facilities, alongside additional funding lines, for a total envelope of €415 million, supported by a longstanding banking pool led by UniCredit. This arrangement aims to ensure liquidity stability and support the execution of the industrial plan.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 1b - 3b EUR

EBITDA 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 ARTSANA by INVESTINDUSTRIAL 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: artsana

Acquirer: investindustrial