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DKSH (DKSH) investor relations material
DKSH M&A announcement summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Transaction and financial terms
Agreement to acquire 100% of NewBridge for an enterprise value of USD 390 million; fully debt-funded.
NewBridge expected to generate ~USD 385 million in 2027 net sales, with a high-single-digit EBITDA margin; valuation described as a low double-digit EBITDA multiple.
Expected to be accretive to net sales growth, Core EBIT margin and EPS from closing; progressive dividend policy remains unchanged.
Debt funding is intended to preserve capacity for further M&A; pro forma leverage expected near 1x at closing, with ~1.5x acquisition headroom against a 2x–2.5x leverage appetite.
Deal rationale and strategic fit
Expands Healthcare beyond Asia Pacific into MENA, responding to demand for commercial outsourcing in structurally attractive markets and advancing a multi-regional platform.
Combined footprint grows from 17 to 31 markets, linking Asia Pacific and MENA with no geographic overlap.
Adds specialty and rare-disease expertise, broadening support for biopharmaceutical companies across geographies and therapeutic areas.
Higher-value acquisition aligns with an accelerated M&A strategy and supports further healthcare growth.
NewBridge profile
Dubai-headquartered platform established in 2010, operating across 14 MENA markets and serving a region of 350 million people; Saudi Arabia and the UAE are key markets.
More than 300 employees, 27 partners and 60 commercialized brands, supported by long-standing pharmaceutical relationships.
Portfolio spans oncology, neurology, immunology, gastroenterology and rare diseases; capabilities include market access, medical affairs, sales and scientific partnerships.
Light-touch model uses local sub-distributors and focuses on regulatory access and commercialization services.
- Core EBIT grew 12.6% at CER as margin reached 3.0% and free cash flow hit CHF 282.3 million.DKSH
H2 2023 - EPS up 18.2%, Core EBIT up 3.6%, and strong cash flow highlight robust H1 2026.DKSH
H1 2026 - Core EBIT up 6.7% to CHF 349m, margin expands, and dividend rises 6.4% amid strong cash flow.DKSH
H2 2025 - Net sales and core EBIT rose, margins expanded, and M&A activity remained strong in H1 2025.DKSH
H1 2025 - Accelerated growth, margin expansion, and impactful M&A drive a robust midterm outlook.DKSH
CMD 2024 - Core EBIT up 8.2% at CER, net sales up 3.3% at CER, strong cash flow and margin expansion.DKSH
H1 2024 - Core EBIT up 8.4% at CER, margin expands to 3.1%, and 2025 outlook remains positive.DKSH
H2 2024
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