VINPAI has been 100% owned by CAMLIN FINE SCIENCES since November 2025.

At what enterprise value was VINPAI acquired in 2025?

During the acquisition of VINPAI by CAMLIN FINE SCIENCES in 2025, the transaction's Enterprise Value is estimated to be in the range of 10M - 30M EUR.

When was VINPAI acquired by CAMLIN FINE SCIENCES?

VINPAI was acquired by CAMLIN FINE SCIENCES in 2025.

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

The revenue of VINPAI at the time of the deal is estimated to be in the range of 5M - 25M EUR.

How is the data for the VINPAI 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 VINPAI 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://vinpai-finance.com/images/Vinpai_-_CP_R%C3%A9alisation_Acquisition_du_Bloc.pdf

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodVINPAI

11/2025

VINPAI acquired by CAMLIN FINE SCIENCES

FRANCE Food Processing / Ingredients EV 10M - 30M EUR

Context

Camlin Fine Sciences (CFSL) completed the acquisition of a 78.68% majority stake in Vinpai from existing shareholders. Following this block acquisition, CFSL will convert its convertible bonds on December 1, 2025, increasing its ownership to 83.82%. Consistent with French market regulations, CFSL intends to file a simplified mandatory tender offer (OPAS) in mid-December 2025 for the remaining shares at the same price. If the 90% ownership threshold is reached, a squeeze-out (retrait obligatoire) will be implemented to delist Vinpai from Euronext Growth.

VINPAI, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Vinpai is a French technology-driven ingredients company specializing in the design and manufacture of functional ingredients derived from algae, plants, minerals, and fibers. The company provides Corporate manufacturers in the food, cosmetics, and nutraceutical sectors with natural alternatives to chemical additives. With two production sites in Brittany and near Saint-Nazaire, Vinpai has developed a library of over 3,500 formulas. The company focuses heavily on international markets, with over 70% of its revenue generated through exports to more than 36 countries.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

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REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VINPAI by CAMLIN FINE SCIENCES 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: camlin fine sciences