Nestlé Skin Health (Galderma) acquired by EQT-led consortium (ADIA, PSP Investments)
EQT-led consortium (ADIA, PSP Investments) acquired Nestlé Skin Health (Galderma), a Switzerland & Global skin care brand, on Oct 2, 2019.
Transaction summary
- Target
- Nestlé Skin Health (Galderma)
- Seller
- Nestlé S.A.
- Announced
- 2019-05-16
- Geography
- Switzerland & Global
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-31
- Latest update
- 2026-10-31
Value and multiples
100% enterprise value
CHF 10B
100% enterprise value | CHF
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $10B USD using FX date 2019-05-16 at 0.9909 CHF/USD.
EV / revenue
3.64x
Period: FY2018
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
Basis
- Reported value: CHF 10.2bn enterprise value. Multiples use revenue of CHF 2.8bn (FY2018).
Source summary
Nestle enters into exclusive negotiations to sell Nestle Skin Health to a consortium led by EQT and ADIA
ConfirmedNestlé Skin Health had net sales of CHF 2.8 billion in 2018.
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