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SOLABIA

Acquired by

ASTORG

FRANCE Chemicals & Materials EV [1b EUR - 100b EUR] 04/2025

Target

SOLABIA

Acquirer

ASTORG

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 LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN as high as the 10.2x average currently observed in the Industry & Manufacturing sector.

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

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

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
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2023
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Other operations with SOLABIA

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