At what enterprise value was VALENTINO acquired in 2023?

During the acquisition of VALENTINO by KERING in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of VALENTINO when it was acquired by KERING?

The estimated EV/EBITDA multiple for VALENTINO is in the range of 15x - 25x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was VALENTINO acquired by KERING?

VALENTINO was acquired by KERING in 2023.

What was the revenue of VALENTINO at the time of the deal?

The revenue of VALENTINO at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of VALENTINO during the acquisition?

VALENTINO's EBITDA is estimated to be in the range of 250M - 500M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the VALENTINO acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the VALENTINO deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.kering.com/api/download-file/?path=Press_Release_Kering_becomes_a_shareholder_of_Valentino_27_07_2023_4063b60ebb.pdf

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Home Database Retail & ConsumerVALENTINO

07/2023

VALENTINO acquired by KERING

ITALY Luxury Goods / Fashion & Leather Goods EV 3b - 100b EUR

Context

Kering has agreed to acquire a 30% shareholding in Valentino from Mayhoola. The agreement comprises an option for Kering to acquire 100% of the share capital of Valentino no later than 2028. The transaction is part of a broader strategic partnership between Kering and Mayhoola, which could potentially lead to Mayhoola becoming a shareholder in Kering in the future. Kering will appoint representatives to the Board of Directors of Valentino. This move aims to support Valentino's brand elevation strategy while reinforcing Kering's position in the ultra-luxury segment.

It is worth noting that the fund Mayhoola took control of Valentino through an LBO in 2012.

VALENTINO, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (10.9x).

-> Deep-dive in Retail & Consumer market trends

Target

Founded in Rome in 1960 by Valentino Garavani, Valentino is one of the world's most renowned luxury houses. The brand is deeply rooted in Haute Couture and offers a wide range of ready-to-wear, leather goods, and accessories. Under the ownership of Mayhoola (since 2012) and the leadership of CEO Jacopo Venturini, the brand successfully executed an elevation strategy, focusing on its heritage and red-carpet presence. In 2022, Valentino operated 211 directly operated stores in over 25 countries and generated €1.4 billion in revenue.

Ent. Value

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Historical Financials (EUR)

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2022

2021

Other operations with VALENTINO

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2012	MAYHOOLA	VALENTINO	ITALY	Fashion & Leather Goods

REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 250M - 500M EUR

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

Press release: view release

Target: valentino

Acquirer: kering