mynth
11/2023

STEPHID acquired by ANJAC BEAUTY & HEALTH

FRANCE Life Sciences / Pharma & Biotech / CDMO REV 5M - 25M EUR

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 LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Healthcare & Pharma sector (14.8x).

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

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: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).