mynth
06/2017

PASUBIO GROUP acquired by CVC

ITALY Automotive / Auto Parts & Suppliers EV 300M - 700M EUR

Context

CVC Capital Partners acquired a controlling 90% stake in the holding company that owns Pasubio Group. The transaction was structured as a Primary LBO, transitioning the company from a purely family-owned business to a private equity-backed platform. The founding family reinvested a portion of their proceeds to retain a minority stake (over 10%) and continued to lead the management team, ensuring operational stability and alignment of interests.

PASUBIO GROUP, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

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

Pasubio Group is a premier Italian manufacturer of high-quality leather specifically designed for the automotive industry. With over 60 years of history, the company has established itself as a critical supplier for the luxury and premium car segments. Pasubio controls the entire value chain, from tanning and selection to dyeing, finishing, and precise cutting of leather hides. Operating through five facilities in Italy and one in Serbia, the group employs 400 specialized workers and produces over 10 million square meters of leather annually. Its client portfolio includes the most prestigious automotive OEMs, such as Jaguar Land Rover, Porsche, Lamborghini, Bentley, Maserati, BMW, and Stellantis.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PASUBIO GROUP by CVC 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).

Acquirer: cvc