Background

  • Founded in 1977 by Pierre Miasnik and headquartered in Maintenon, France, Fiabila is a global leading cosmetics CDMO specialized in nail products
  • Over the years, Fiabila has become the global leader in the development, manufacturing and packaging of nail polish and nail care products worldwide with 10 state-of-the-art production sites in France, the US, Brazil, India, Japan and Poland
  • Fiabila is a full-service solution provider, offering R&D to packaging for clients, both local and international, from prestige to mass market, across all categories
  • For over four decades, Fiabila has achieved a proven growth track record, differentiating itself through its strong focus on innovation, high quality products, compliance with regulatory constraints, operational excellence, and geographical proximity to customers
  • Fiabila notably differs from its competitors in terms of CSR and environmental certifications, through “safer” and "greener" products offering
  • Fiabila employs ~480 people serving more than 440 clients worldwide, among which most of the largest traditional beauty brands worldwide with a turnover of more than €130 million

Process

  • DC Advisory acted as exclusive financial advisor to the shareholders of Fiabila
  • DC Advisory conducted a competitive process with a limited number of trade and financial buyers, pre-qualified for their appetite for Fiabila

Outcome

  • In February 2024, Apheon acquired a majority stake in Fiabila
  • The Miasnik family (current controlling shareholder), Crédit Mutuel Equity and Sodero Gestion (minority shareholders), will reinvest in the proposed transaction
  • Together, they will support the continued development of Fiabila by further investing into the product and service range, optimizing Fiabila and ramping up business development to unlock new and existing markets
  • This transaction further illustrates DC Advisory's expertise in the CDMO sector and, in particular, in the very specific cosmetics CDMO sub-sector