2L LOGISTICS acquired by STELLANTIS
Context
Groupe CAT, a European giant in automotive logistics, has acquired a majority stake in 2L Logistics. This transaction marks a significant consolidation in the French market. By integrating 2L Logistics, Groupe CAT significantly reinforces its fleet and territorial coverage in France. For 2L Logistics, which had been growing through its own acquisitions (such as Transports Marzat), backing a global industrial player provides the financial stability and network required to sustain its rapid expansion in a capital-intensive sector.
As a reminder, the company had previously completed an external growth operation by acquiring Transports Marzat in 2023.
2L LOGISTICS, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
A French transport and logistics company specializing in the automotive sector (vehicle logistics). It offers vehicle transport, storage, and preparation services. Before the acquisition, it was the 4th largest player in France in this niche, operating a fleet of ~650 car-carrier trucks.
Ent. Value
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Equity Value
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Multiples
EV / Revenue
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with 2L LOGISTICS
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 07/2023 | 2L LOGISTICS | TRANSPORTS MARZAT | FRANCE | Transport & Logistics | The 2L Logistics group, a specialist in automotive logistics (EUR115 million in revenue), is continuing its strategy of expanding its network by acquiring Transports Marzat. This transaction allows 2L Logistics to strengthen its presence in Nouvelle-Aquitaine and consolidate its "Automotive" division (vehicle transport), which represents the majority of its business. |
REFERENCES
Revenue range: 50M - 100M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Acquirer: stellantis