At what enterprise value was AB PROCESS INGENIERIE acquired in 2023?

During the acquisition of AB PROCESS INGENIERIE by CEREA PARTNERS in 2023, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

When was AB PROCESS INGENIERIE acquired by CEREA PARTNERS?

AB PROCESS INGENIERIE was acquired by CEREA PARTNERS in 2023.

What was the revenue of AB PROCESS INGENIERIE at the time of the deal?

The revenue of AB PROCESS INGENIERIE at the time of the deal is estimated to be in the range of 10M - 30M EUR.

How is the data for the AB PROCESS INGENIERIE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AB PROCESS INGENIERIE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cerea.com/fr/actualite?year=2023&id=372

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Home Database Industry & ManufacturingAB PROCESS INGENIERIE

05/2023

AB PROCESS INGENIERIE acquired by CEREA PARTNERS

FRANCE Industrial Equipment / Special Machinery / Robotics & Automation EV 50M - 150M EUR

Context

Cerea Partners has acquired a majority stake in AB Process Ingénierie, a leading provider of customized automation and robotics solutions for the food processing industry, alongside the company's management and founders. This investment is part of Cerea Partners' third fund, Cerea Capital III, which held its first closing in 2022. AB Process Ingénierie has delivered average annual organic growth of 12% since 2020, supplemented by the strategic acquisition of Coaxial Technologie in 2022, a specialist in production lines for the food industry. With the support of Cerea Partners, the group is now poised to embark on a new phase of development, focusing on team expansion, consolidating its regional presence, and pursuing growth in France and internationally. Bpifrance, a long-standing partner of the group, has also reaffirmed its commitment to AB Process Ingénierie, highlighting the strategic importance of this sector to the French economy.

AB PROCESS INGENIERIE, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.8x).

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Target

The group, comprising AB Process Ingénierie and Coaxial Technologie, is a specialized player in the design and integration of customized automation and robotics solutions for the food processing industry. Founded in 2008 in Landivisiau, AB Process Ingénierie has established a reputation for delivering turnkey projects to food industry clients, with a particular focus on end-of-line robotics. The group supports its clients throughout the project lifecycle, from conception to delivery, emphasizing collaborative design and adapting to each client's unique constraints and requirements.

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AB PROCESS INGENIERIE by CEREA PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: cerea partners