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10/2020

KERSIA acquired by IK PARTNERS

FRANCE Healthcare Services / Sterilization & Hygiene EV €1–10bn

Context

IK Investment Partners acquired a majority stake in Kersia from Ardian. This transaction was initiated through exclusive negotiations via the IK IX fund, marking the first deal for this specific vehicle. The investment strategy is focused on supporting the group through its next phase of growth and continuing an active global sector consolidation policy. The project builds on the target's remarkable trajectory, having tripled in size in less than four years through the successive integration of six specialized companies. The new shareholder intends to capitalize on the group's technological expertise and extensive geographical presence to reinforce its leadership in the food safety sector. The transaction also allows the historical shareholder to realize the value created while passing the baton to a partner experienced in supporting high-growth industrial leaders.

KERSIA, which reported an EBITDA margin of [members only] in 2020, is valued in this transaction at an EV/EBITDA multiple of 15x–25x, representing a premium to the average currently observed in the Healthcare & Pharma sector (14.3x).

-> Deep-dive in Healthcare & Pharma market trends

Target

Kersia is a global leader in food safety. It provides end-to-end solutions for preventing diseases and contamination in both animals and humans throughout the entire food supply chain. The group develops, manufactures, and sells a wide range of hygiene and disinfection solutions for the farming and food processing industries. With a strong commitment to sustainable development, the firm integrates ecological products into its core offering to meet increasing regulatory and consumer demands. Following multiple strategic acquisitions, the group has scaled its operations significantly, employing nearly 1,800 people worldwide. Its expertise spans from farm-level biosecurity to advanced Corporate hygiene for food manufacturing plants, positioning the firm as a global reference for food safety and environmental protection.

Ent. Value

€1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

15x–25x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2020
€250–500M
€50–100M
[members only]
2019
€250–500M
€50–100M
[members only]

Other operations with KERSIA

Other operations with KERSIA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
04/2025KERSIANEOGEN (ANIMAL BIOSECURITY DIVISION)UNITED STATESSterilization & Hygiene
11/2020KERSIASOPURABELGIUMSterilization & Hygiene

REFERENCES

Valuation range: EV €1–10bn

Revenue range: €250–500M

EBITDA range: €50–100M

EV/Revenue range: 2x - 6x

EV/EBITDA range: 15x - 25x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of KERSIA by IK PARTNERS 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.

Press release: view release

Target: kersia

Acquirer: ik partners