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

ItalyBarga

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.

Kedrion Biopharma acquisition details
AcquirerDateType
  • Permira
  • Abu Dhabi Investment Authority
  • CDP Equity
1 Sep 2022PE 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

Kedrion Biopharma valuation by funding round
DateStageValuation
Jul 2012Strategic investment$501M

Kedrion Biopharma Funding History

Kedrion Biopharma has raised a total of $93M across 1 funding round.

Kedrion Biopharma funding rounds

Kedrion Biopharma funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2012Strategic investmentCDP Equity$93M$501MFondo 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

Investors in Kedrion Biopharma by funding rounds participated
InvestorHQRoundsRoleFirst check

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Kedrion Biopharma Competitors

Kedrion Biopharma competitors include listed companies like Chabiotech and Crescent Biopharma, and private ones like Immvira, Dewpoint Therapeutics, Biocytogen and Starna Therapeutics.

Public and private companies comparable to Kedrion Biopharma
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ImmviraChinaShenzhenPrivate--$500M-
Dewpoint TherapeuticsUnited StatesBoston, MAPrivate--$504M-
BiocytogenChinaBeijingPrivate--$425M-
Starna TherapeuticsChinaSuzhouPrivate--$400M-
ChabiotechSouth KoreaSouth KoreaPublicly listed$938M($32M)$501M-
Crescent BiopharmaUnited StatesUnited StatesPublicly listed$11M($153M)$503M98.8x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Chabiotech$938M($32M)1.4x-(39.9x)-
Crescent Biopharma$11M($153M)31.1x98.8x(2.2x)-
Regenxbio$170M($133M)1.9x2.1x(2.4x)(2.1x)
DiaMedica-($33M)--(14.1x)(10.8x)
SMS Pharmaceuticals$94M$19M5.6x57.2x28.0x296.7x
Neurogene-($99M)--(2.9x)-
Alpha Teknova$41M($10M)12.4x10.9x(49.4x)(83.6x)
Electra Therapeutics-($62M)--(11.4x)-

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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.

See companies similar to Kedrion Biopharma

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