NEOPHARMED GENTILI acquired by ARDIAN
Context
Ardian acquired a majority stake in Neopharmed Gentili from its founding parent company, Mediolanum Farmaceutici. The Del Bono family, founders of Mediolanum, retained a 20% minority stake in the business to ensure operational and clinical continuity. The transaction was structured to provide the group with the capital and global network necessary to transition from a national champion to an international specialty pharma platform. The investment thesis centered on using Neopharmed's robust Italian sales network as a foundation for an aggressive "buy-and-build" strategy, targeting both product portfolios and strategic corporate acquisitions across Europe.
NEOPHARMED GENTILI, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.6x).
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Target
Neopharmed Gentili is a leading Italian pharmaceutical company specialized in the development, production, and marketing of high-quality therapeutic treatments. It holds a dominant position in the Italian market for vascular, cardio-metabolic, and respiratory diseases, as well as anti-infectives and over-the-counter (OTC) products. The group acts as a key partner for global pharma giants like Merck and Teva, managing licensed portfolios alongside its own proprietary brands.
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REFERENCES
Revenue range: 100M - 200M EUR
EBITDA range: 50M - 100M EUR
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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
Acquirer: ardian