Astorg Partners
 
INVESTMENTS
 

Sebia
Sebia
  • Investment date : September 2006
  • Transaction size (Enterprise Value) : >300€m
  • Industry : Healthcare
  • Activity : Medical diagnosis equipment
  • Previous Majority Shareholder : LBO Fund
  • Status : In portfolio
  • Fund : Astorg III
Initially majority shareholder through the Astorg II fund since March 2001, Astorg Partners reinvested in the company when it was taken over by Montagu Private Equity in September 2006, thus showing our trust in the talent of its management and the competitive positioning of the company.
Sebia in short
Founded in 1967 by Guy Barouh, Sebia produces and sells a range of specialty reagents and automats for biological analysis. The Group head office is located in Lisses in the Paris Region together with the research laboratories and the production facilities. The group has over 300 employees spread over 7 countries. Its international business accounts for nearly three quarters of its sales.

Sebia, built its success on sustained quality and innovation. It plans to boost its growth in coming years with the development of new clinical applications, while pursuing its international development strategy.

The Sebia opportunity as seen by Astorg Partners
• World leader positioned on a niche market with high entry barriers likely to protect its margins.

• A player active on the large « in vitro diagnosis » market, a very attractive segment in the healthcare industry.

• A closed instrument-reagents system ensuring a high level of recurring income.

• Strong sales growth potential pulled by its R & D leadership and international expansion.

 Sebia
« During the last five and a half years, we managed to develop a partnership with Astorg which enabled Sebia during the same period, to achieve sustained growth for the benefit of all its partners.
The 2001 LBO made it possible, as I requested, to offer all the interested employees the possibility to share the benefits of the company growth and reward those who took advantage of the offer by giving them the opportunity to be part of an utterly exceptional operation, as an expression of our gratitude for their loyalty and long-lasting personal commitment.
»
Guy Barouh, Founder of Sebia

More information on Sebia
http://www.sebia.com/

Astorg Partners     68 rue du Faubourg Saint Honoré 75008 PARIS     Tel: +33 (1) 53 05 40 50     Fax: +33 (1) 53 05 40 57     Mail: info@astorg-partners.com
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