STEPHID acquired by ANJAC BEAUTY & HEALTH
Context
ANJAC acquired STEPHID to diversify its industrial portfolio into the high-growth luxury fragrance and "niche" perfumery segments. This marks the group's 10th acquisition in six years. The integration allows ANJAC to offer "complementary expertise" (skincare + fragrance) to its existing premium client base. STEPHID benefits from ANJAC's industrial scale to fund capacity expansion while retaining its artisanal identity and current governance.
STEPHID, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.6x).
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Target
Founded in 1989, STEPHID is a French specialist in the manufacturing, filling, and packaging of luxury perfumes. It serves over 60 high-notoriety brands, specializing in small series and complex manual operations (refined dressings and precise bottle finishing). The company also offers end-to-end logistics for global distribution of finished luxury goods.
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Historical Financials (EUR)
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REFERENCES
Revenue range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.