mynth
← DATABASE
11/2025100%

Notedome acquired by Coim Group

UNITED KINGDOM Chemicals & Materials / Material Transformation / Plastics EV £10–30M

Context

Coim has completed the acquisition of Notedome Limited, a UK-based manufacturer specializing in cast polyurethane elastomers for high-stress industrial applications. The transaction marks the exit of the historical majority shareholder, India’s Manali Petrochemicals, and enables the Italian group to strengthen its position in the European specialty materials market. The integration of Notedome aligns with Coim’s strategy to consolidate its upstream and downstream operations within the polyurethane value chain. This acquisition allows Coim to complement its polyol and resin production with cast elastomer formulation capabilities, enhancing its control over transformation processes and its ability to serve higher-value industrial applications. The deal also paves the way for a broader international rollout of Notedome’s solutions through Coim’s commercial network, particularly in Continental Europe and Latin America, while retaining existing teams and technical expertise to ensure seamless customer relationships.

In the past, Notedome was acquired by Manali Petrochemicals in 2016 as part of its expansion strategy.

Notedome, which reported an EBITDA margin of [members only] in 2024, 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 (11.3x in 2025).

-> Deep-dive in Industry & Manufacturing market trends

Target

Notedome Limited is a UK-based manufacturer specializing in cast polyurethane elastomers designed for high-stress industrial applications. The company develops advanced technical formulations used in the production of wear-resistant parts and industrial components subjected to abrasion, heavy loads, and intensive operating cycles. Its products are integrated across a wide range of industries, including material handling, automotive, mechanical engineering, and oil and gas. They are primarily used to manufacture components such as wheels, rollers, pulleys, and sealing parts, where mechanical strength and durability are critical. Notedome’s operations are built on expertise in custom chemical formulation, enabling the company to tailor polymer properties to the specific needs of its clients. The business relies on precise industrial mixing and polymerization processes to ensure consistent performance in the materials it produces.

Ent. Value

£10–30M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2024
[members only]
£0–5M
[members only]
2023
[members only]
£0–5M
[members only]

Other operations with Notedome

Other operations with Notedome
DateAcquirerTargetCountrySector
10/2016MANALI PETROCHEMICALSNOTEDOMEUNITED KINGDOMPlastics

Similar deals in Chemicals & Materials

Similar deals in Chemicals & Materials
DateAcquirerTargetCountrySector
12/2025SOTERIA FLEXIBLESIMAFLEXCANADAPlastic Packaging
12/2025HOLCIM GROUPALKERNFRANCEConstruction Materials
11/2025AKZO NOBELAXALTA COATING SYSTEMSUNITED STATESPaints & Coatings
11/2025ARSENAL CAPITAL PARTNERSTHERMOSAFEUNITED STATESPackaging & Containers
11/2025KPS CAPITAL PARTNERSNOVACELFRANCEPlastics
11/2025BPIFRANCE / BNP PARIBAS DEVELOPPEMENTSACREDFRANCEPlastics
11/2025ARCOLE / BENALU-LEGRASMETHALFRANCEMetallurgy / Foundry
10/2025GRIGEOHUCHTEMEIER PAPIERGERMANYPaper & Cardboard
09/2025FLORACMAKAOFRANCEPaper & Cardboard
09/2025FRENCH FOOD CAPITALSOPANOFRANCELabels & Adhesives

REFERENCES

Valuation range: EV £10–30M

EBITDA range: £0–5M

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 Notedome by Coim Group 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: notedome

Acquirer: coim group

FAQ

What transaction does this page cover?

This page covers Coim Group’s acquisition of 100% of Notedome, a British company specialised in Material Transformation, in 2025. This followed an earlier holding cycle initiated in October 2016, when the company was acquired by Manali Petrochemicals.

How was the acquisition of Notedome by Coim Group valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the £10–30M band and its EV/EBITDA multiple within the 5x - 12x range. Exact figures are available to members.

What was Notedome’s EBITDA at the time of the deal?

At the time of the transaction, Notedome’s EBITDA was estimated within the £0–5M bracket (FY 2024). Detailed financial figures are available to members.

How does the valuation of Notedome 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 (11.3x in 2025).

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.