mynth
05/2024

ACCROL GROUP acquired by THE NAVIGATOR COMPANY

UNITED KINGDOM Chemicals & Materials / Material Transformation / Paper EV 100M - 350M GBP

Context

The Navigator Company reached an agreement to acquire Accrol Group Holdings through a recommended cash offer. The deal is defensive for Accrol, whose board cited a "challenging future environment" with massive new capacity (500k tonnes) entering the UK market. For Navigator, it secures a massive distribution channel in the UK for its tissue parent reels.

ACCROL GROUP, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Accrol Group Holdings is a leading UK-based tissue paper converter and supplier, specializing in the production of private-label household paper products. The company’s extensive product portfolio includes toilet tissues, kitchen rolls, facial tissues, and wet wipes, primarily serving major grocery retailers and discounters across the United Kingdom. Operating as a critical link in the consumer goods supply chain, Accrol processes jumbo tissue reels into finished retail products, leveraging high-speed converting lines and a sophisticated logistics network. Its business model is built on high-volume production and long-term relationships with leading UK retailers, positioning it as a trusted reference player in the resilient private-label market.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Valuation range: EV 100M - 350M GBP

Revenue range: 150M - 250M GBP

EBITDA range: 5M - 25M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ACCROL GROUP by THE NAVIGATOR COMPANY 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.