At what enterprise value was AUBERT & DUVAL acquired in 2023?

During the acquisition of AUBERT & DUVAL by TIKEHAU CAPITAL / SAFRAN / AIRBUS in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AUBERT & DUVAL when it was acquired by TIKEHAU CAPITAL / SAFRAN / AIRBUS?

The exact EV/EBITDA multiple for AUBERT & DUVAL is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

What was the revenue of AUBERT & DUVAL at the time of the deal?

The revenue of AUBERT & DUVAL at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AUBERT & DUVAL 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 AUBERT & DUVAL 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.aubertduval.com/wp-content/uploads/2024/12/AD_CP_Airbus-Safran-et-Tikehau-acquierent-Aubert-et-Duval_28-04-2022_VF-3.pdf

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Home Database Industry & ManufacturingAUBERT & DUVAL

04/2023

AUBERT & DUVAL acquired by TIKEHAU CAPITAL, SAFRAN & AIRBUS

FRANCE Chemicals & Materials / Material Transformation / Metallurgy / Foundry EV 50M - 150M EUR

Context

Airbus, Safran, and Tikehau Capital have completed the acquisition of Aubert & Duval from the Eramet group, marking a landmark transaction for the European critical metals industry. This deal is part of a joint investment vehicle established by Airbus, Safran, and Tikehau Capital, with the support of public authorities, to secure the industrial sovereignty of the aerospace and defense sectors. The acquisition comes at a time when Aubert & Duval was facing operational challenges, including industrial difficulties and deteriorating financial performance, prior to the takeover.

AUBERT & DUVAL, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.2x).

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

Aubert & Duval is a French company that designs, produces, and transforms complex metallic materials, including special steels, superalloys, titanium, and aluminum, for critical sectors such as aerospace, defense, energy, and medical. The company has a recognized expertise across the entire value chain, from material design to forged part manufacturing. Aubert & Duval employs approximately 4,400 people across ten industrial sites, with eight locations in France. The company's activities are focused on providing high-quality products to its clients, including Airbus and Safran, and it has recently shifted its focus towards titanium parts. Aubert & Duval's production apparatus has been heavily modernized and rationalized, allowing the company to achieve significant improvements in its operations. The company's customer base includes major players in the aerospace and defense industries, and it plays a crucial role in the French and European industrial sovereignty.

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Other operations with AUBERT & DUVAL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2026	AIRBUS / SAFRAN	AUBERT & DUVAL	FRANCE	Chemicals & Materials	Tikehau Capital has entered into an agreement to divest its stake in Aubert & Duval to its two industrial co-shareholders, Airbus and Safran, marking the end of a four-year partnership that saw a significant restructuring of the metallurgical equipment manufacturer

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 450M - 900M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AUBERT & DUVAL by TIKEHAU CAPITAL / SAFRAN / AIRBUS are reserved for mynth community members. Register for free to unlock full data.

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).

Press release: view release

Target: aubert & duval

Acquirer: safran / tikehau capital / airbus