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Each EMAT Report includes the detailed analysis of the transaction: deal rationale and structure, target business lines and financials (restated), valuation multiples (calculation and analysis).

 

 

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EPSILON M&A DEAL REPORT

Transaction Multiples for the Valuation of Private Companies

Keva UK / PFW Aroma Chemicals

19966
03/12/2008
Acquisition of Majority Stake
Yes
Keva UK

PFW Aroma Chemicals
Netherlands
Chemicals > Specialty Chemicals
Founded in 1914, PFW Aroma Chemicals B.V. focusses on aroma chemical production and toll & contract manufacturing . > PFW's products are mainly sold for use in perfume compositions for soap,...

Transaction multiples available
EV/
Sales
EV/
Gross Profit
EV/
EBITDA
EV/
EBIT
Eq/
PBT
P/E Price
to Book
Specific
multiple(s)
Historic - - -
Current - - - - - -
  
Multiple available
n.s.   Multiple calculated, but not significant

Source: Epsilon Research / EMAT

Comparable Transactions

  • Number of EMAT Reports / sub-sector « Specialty Chemicals » = 60
Example of comparable transactions on EMAT (same sub-sector):
DateAcquirerTargetCountryMultiplesSee details
15/10/2008 Tefisa Fiberduk Sweden
20874
15/09/2008 BASF SE Ciba Holding Switzerland
22422

Source: Epsilon Research / EMAT