Industrials

CONTACT US

Investor relations
Chris Davison
Head of Investor Relations
+44 20 7632 1000
investor.relations@permira.com
Human resources
Charlotte Lange

+44 20 7632 1000
human.resources@permira.com
Communications
Noémie de Andia
Head of Communications
+44 20 7632 1000
media@permira.com
Marketing
Denise Gallagher
Marketing Manager
+44 20 7632 1000
marketing@permira.com
Permira Holdings Limited
Alistair Boyle
Guernsey
+44 1481 743200
Permira Debt Managers
James Greenwood
CEO
+44 2076321000

OUR OFFICES

Past investment

Provimi

At exit, Provimi was a pure animal nutrition solutions business, positioned in the centre of the value chain, with innovative solutions at its core. With our backing, Provimi’s management team transformed the company from a group of decentralised businesses into an integrated and higher-performing international organisation…

€1,721mTransaction value
2007Acquisition year
2011Exit year
UKCountry
2.3xGross multiple
CargillSale to

Together we achieved

  • Growth in operations to 25 countries, across 5 continents, with more than 7,000 employees
  • A strategic repositioning to create a pure-play animal nutrition business
  • Margin expansion and excellent financial results, including continuous and strong EBITDA growth from 2007 to 2011

 

This was accomplished by

  • Divesting non-core businesses, including the fish feed division, pet food business and operations in Greece and Australia
  • Making strategic acquisitions in Columbia (Biovet) and Mexico (NASSA) to strengthen the geographical footprint
  • Driving organic growth in Russia, Brazil and Asia
  • Providing continued investment in product innovation, leading to the creation of specialised feed for cattle and sheep to reduce the release of methane during an animal’s digestion

The metrics

EBITDA in emerging markets 2007

27%



LTM June 2011

56%



www.provimi.com