Who May be Interested in Nestle’s Skin Care Business？
According to Bloomberg, Nestle is selling its skin care business.
We ran FMeasure artificial intelligence based analysis tool to analyze this deal idea.
Among the comparable transactions in 2014-2019, most volume was attributable to Strategic acquirers from the industry of Health Care Major Pharmaceuticals and Consumer Defensive Household & Personal Products. The most active location for this type of acquisition is USA. The following table lists some recent related deals:
|YEAR||TARGET||ACQUIRER||DEAL PRICE (M)|
|2017||Laser Clinics Australia||KKR||515|
|2018||First Aid Beauty||Digispective||250|
|2017||Derma Sciences||Integra LifeSciences Holdings||205|
|2017||Obagi Medical Products||China Regenerative Medicine International||190|
FMeasure acquirer recommendation tool also generated a list of ~30 potential acquirers as below:
|Name||Market Cap (US$M)||* Estimated Cash (US$M)||Debt/EBITDA||Country|
|Unilever PLC||158,050.19||4,586.64||1.68||UNITED KINGDOM|
|Procter & Gamble Company (The)||233,950.00||11,850.00||1.89||UNITED STATES|
|Colgate-Palmolive Company||51,622.88||726.00||1.61||UNITED STATES|
|KKR & Co. L.P.||10,387.82||2,641.51||12.32||UNITED STATES|
|ABRY Partners||UNITED STATES|
|L Catterton||UNITED STATES|
|Sequoia Capital||11,248.00||UNITED STATES|
|Merck & Company, Inc.||198,694.77||8,864.00||1.90||UNITED STATES|
|Audax Group||5,150.00||UNITED STATES|
|Energizer Holdings, Inc.||2,498.29||266.40||3.94||UNITED STATES|
|Gilde Buy Out Partners|
|Estee Lauder Companies, Inc. (The)||47,890.00||2,715.00||1.21||UNITED STATES|
|Church & Dwight Company, Inc.||16,192.26||316.70||2.24||UNITED STATES|
|Avon Products, Inc.||871.45||881.50||4.50||UNITED STATES|
|Walgreens Boots Alliance, Inc.||68,039.75||785.00||1.71||UNITED STATES|
|Pfizer, Inc.||252,317.72||18,833.00||2.29||UNITED STATES|
|The Blackstone Group L.P.||39,900.00||2,545.16||5.12||UNITED STATES|
|Oaktree Capital Group, LLC||6,246.17||831.73||13.22||UNITED STATES|
|The Carlyle Group L.P.||1,697.03||885.80||14.03||UNITED STATES|
|Coty Inc.||5,510.00||362.20||9.31||UNITED STATES|
|Warburg Pincus||4,800.00||UNITED STATES|
|Avista Capital Partners||UNITED STATES|
|L'OREAL CO EUR ORD||131,456.00||3,070.20|
|Wind Point Partners||985.00||UNITED STATES|
|Brentwood Associates||1,150.00||UNITED STATES|
|HENKEL AG & CO KGAA S/ADR||40,251.00||1,208.00||GERMANY|
|* includes short term investment|
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