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11/2014

OMEGA PHARMA acquired by PERRIGO COMPANY

BELGIUM Life Sciences / Pharma & Biotech / Generics / Labs EV €1–10bn

Context

Perrigo has completed the acquisition of Omega Pharma. This transaction acts as a massive "commercial accelerator," solving the complex logistical and regulatory barriers inherent in the European pharmacy landscape. By internalizing a sophisticated thirty-five-country distribution network, the group eliminates its dependency on regional third-party agents and secures immediate shelf-space for its expansive US-developed product pipeline. The strategic rationale hinges on the synergy between localized branding expertise and centralized manufacturing scale. While the acquirer provides the industrial backbone and cost-efficiency of a global supplier, the target brings the technical operational depth required to navigate diverse European healthcare systems and consumer preferences.

OMEGA PHARMA, which reported an EBITDA margin of [members only] in 2014, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a discount to the average currently observed in the Healthcare & Pharma sector (14.3x).

-> Deep-dive in Healthcare & Pharma market trends

Target

Omega Pharma NV is a Belgian company of over-the-counter (OTC) healthcare solutions. The organization thrives on a philosophy of "pharmacist-focused" growth, prioritizing the development and commercialization of a vast portfolio of non-prescription products. Rather than specializing in a single therapeutic area, the firm utilizes a multi-category approach, maintaining leadership in cough and cold, skincare, pain relief, and weight management. Its value proposition is anchored in its extensive European commercial infrastructure, which facilitates direct relationships with pharmacy networks across dozens of countries. The entity's strategy is fueled by a disciplined brand-building mandate and an agile regulatory framework, ensuring rapid market entry for innovative self-care solutions.

Ent. Value

€1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2014
€1–10bn
€250–500M
[members only]
2013
€1–10bn
€250–500M
[members only]

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REFERENCES

Valuation range: EV €1–10bn

Revenue range: €1–10bn

EBITDA range: €250–500M

EV/Revenue range: 2x - 6x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of OMEGA PHARMA by PERRIGO COMPANY 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.