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- Kedrion Biopharma
Kedrion Biopharma Acquisition, Valuation, Funding & Investors
Kedrion Biopharma was acquired by Permira, Abu Dhabi Investment Authority and CDP Equity in September 2022.
Kedrion Biopharma acquisition price
Undisclosed
Acquired by Permira, Abu Dhabi Investment Authority +1 · Sep 2022
Cumulative funding Kedrion Biopharma raised
$93M
across 1 funding round
Key investors in Kedrion Biopharma
CDP Equity
Kedrion Biopharma Overview
About Kedrion Biopharma
Kedrion Biopharma is an Italian biopharmaceutical company focused on medicines derived from human plasma. It collects and fractionates plasma and develops immunoglobulins, coagulation factors and other therapies for rare and serious diseases. The group operates manufacturing and plasma-collection facilities in Europe and the United States and sells products internationally. Hospitals, health systems and specialist distributors are its principal customers, so revenue is generated through regulated pharmaceutical product sales. Kedrion expanded internationally through acquisitions and was combined with Bio Products Laboratory under Permira-led ownership in 2022. Its strategic importance to Italy reflects domestic manufacturing, research capabilities and the continuity of supply for essential plasma-derived medicines.
Founded
2001
HQ
Website
Status
Acquired
Customer focus
B2B & B2G
Revenue model
Product sales
Valuation
$501M (Jul 2012)
Kedrion Biopharma Acquisition
Kedrion Biopharma was acquired by Permira, Abu Dhabi Investment Authority and CDP Equity for an undisclosed price on 1 September 2022.
Before the acquisition Kedrion Biopharma had raised $93M across 1 funding round.
Funds advised by Permira, supported by co-investors including a subsidiary of the Abu Dhabi Investment Authority, entered into a partnership with the Marcucci family and FSI to jointly acquire and combine Kedrion Biopharma of Italy and Bio Products Laboratory of the United Kingdom. The combination created a plasma-derived medicines group with more than EUR 1.1 billion of global revenue, 87 per cent of it outside Italy and the United Kingdom. The transaction completed on 1 September 2022.
| Acquirer | Date | Type |
|---|---|---|
| 1 Sep 2022 | PE buyout |
Sources: permira.com, permira.com, cdp.it
Kedrion Biopharma Valuation
Kedrion Biopharma is currently valued at $501M, based on its strategic investment round in July 2012. Read the announcement ↗
The $93M round included CDP Equity.
Kedrion Biopharma valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2012 | Strategic investment | $501M |
Kedrion Biopharma Funding History
Kedrion Biopharma has raised a total of $93M across 1 funding round.
Kedrion Biopharma funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2012 | Strategic investment | CDP Equity | $93M | $501M | Fondo Strategico Italiano completed a EUR 75 million subscription for ordinary shares in Kedrion Group on 5 July 2012, acquiring 18.6%. The broader package also contemplated a separate EUR 75 million undrawn convertible loan, which is excluded from the amount and from this equity-only record. Kedrion Biopharma is an Italian biopharmaceutical company focused on medicines derived from human plasma. It collects and fractionates plasma and develops immunoglobulins, coagulation factors and other therapies for rare and serious diseases. The group operates manufacturing and plasma-collection facilities in Europe and the United States and sells products internationally. Hospitals, health systems and specialist distributors are its principal customers, so revenue is generated through regulated pharmaceutical product sales. Kedrion expanded internationally through acquisitions and was combined with Bio Products Laboratory under Permira-led ownership in 2022. Its strategic importance to Italy reflects domestic manufacturing, research capabilities and the continuity of supply for essential plasma-derived medicines. The transaction is attributed to the CDP Equity house under legal-predecessor or controlled-vehicle continuity where the historical investor name differs. |
Who has invested in Kedrion Biopharma?
1 investor has backed Kedrion Biopharma across its funding rounds, including CDP Equity.
Kedrion Biopharma Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialKedrion Biopharma Competitors
Kedrion Biopharma competitors include listed companies like Chabiotech and Crescent Biopharma, and private ones like Immvira, Dewpoint Therapeutics, Biocytogen and Starna Therapeutics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $500M | - | ||
| Private | - | - | $504M | - | ||
| Private | - | - | $425M | - | ||
| Private | - | - | $400M | - | ||
| Publicly listed | $938M | ($32M) | $501M | - | ||
| Publicly listed | $11M | ($153M) | $503M | 98.8x |
Kedrion Biopharma Public Comps
Kedrion Biopharma is no longer listed, but its public comps include Chabiotech, Crescent Biopharma, Regenxbio, DiaMedica, SMS Pharmaceuticals, Neurogene, Alpha Teknova, Electra Therapeutics, PKU Healthcare and Ocumension.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $938M | ($32M) | 1.4x | - | (39.9x) | - | |||
| $11M | ($153M) | 31.1x | 98.8x | (2.2x) | - | |||
| $170M | ($133M) | 1.9x | 2.1x | (2.4x) | (2.1x) | |||
| - | ($33M) | - | - | (14.1x) | (10.8x) | |||
| $94M | $19M | 5.6x | 57.2x | 28.0x | 296.7x | |||
| - | ($99M) | - | - | (2.9x) | - | |||
| $41M | ($10M) | 12.4x | 10.9x | (49.4x) | (83.6x) | |||
| - | ($62M) | - | - | (11.4x) | - | |||
This data is available for Pro users. Sign up to see all Kedrion Biopharma competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Kedrion Biopharma
| When was Kedrion Biopharma founded? | Kedrion Biopharma was founded in 2001. |
| Where is Kedrion Biopharma headquartered? | Kedrion Biopharma is headquartered in Barga, Italy. |
| Is Kedrion Biopharma publicly listed? | No, Kedrion Biopharma was acquired by Permira, Abu Dhabi Investment Authority and CDP Equity in September 2022. |
| Who acquired Kedrion Biopharma? | Kedrion Biopharma was acquired by Permira, Abu Dhabi Investment Authority and CDP Equity in September 2022. |
| What is Kedrion Biopharma's valuation? | Kedrion Biopharma was last valued at $501M in its strategic investment round in July 2012. |
| How much funding has Kedrion Biopharma raised? | Kedrion Biopharma has raised $93M across 1 funding round. |
| What was Kedrion Biopharma's last funding round? | Kedrion Biopharma's last funding round was a $93M strategic investment round in July 2012. |
| Who are Kedrion Biopharma's investors? | Kedrion Biopharma's investors include CDP Equity. |
| Which companies are comparable to Kedrion Biopharma? | Companies comparable to Kedrion Biopharma include Immvira, Dewpoint Therapeutics, Biocytogen, Starna Therapeutics, Chabiotech and Crescent Biopharma. |
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