mynth
04/2025

SOLABIA acquired by ASTORG

FRANCE Chemicals & Materials / Specialty Chemicals EV 1b - 4b EUR

Context

The private equity firm Astorg wins the auction to acquire the Solabia Group from TA Associates. This secondary LBO values the French biotech specialist at over EUR1.1 billion. The management team, led by CEO Jean-Baptiste Dellon, reinvests alongside Astorg. This new partnership aims to accelerate Solabia's international growth, particularly in the United States, and to continue its buy-and-build strategy to broaden its portfolio of natural ingredients for the beauty and health sectors.

SOLABIA, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

A leading French biotechnology company specializing in the production of natural active ingredients. Founded in 1972, Solabia serves the cosmetics, pharmaceutical, and nutrition industries. The group is renowned for its expertise in extraction, fermentation, and enzymatic catalysis. Under the leadership of Jean-Baptiste Dellon, it has expanded globally through acquisitions (e.g., in Israel, Brazil, and the US).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 50M - 100M EUR

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

Acquirer: astorg