BARAT acquired by MULTI-COLOR CORPORATION (MCC)
Context
Multi-Color Corporation has successfully completed the acquisition of Barat, a leading French wine label printer. The transaction involves the purchase of 100% of the company's shares from the private equity firm Cobalt Capital (which held a 55% majority stake), the founding Le Tellier family, and the management team led by Manuel Lenglet. This deal marks the exit of Cobalt Capital following a Buy-In Management Buy-Out (BIMBO) structured in 2010. By integrating Barat, MCC significantly strengthens its foothold in the strategic Bordeaux wine region, adding a high-quality manufacturing platform and over 200 skilled employees to its European network. The acquisition aligns with MCC's strategy to consolidate the fragmented wine label market by acquiring local leaders with strong customer relationships.
BARAT, which reported an EBITDA margin of LOGIN in 2014, 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
Headquartered in the Gironde department (Bordeaux region), Barat is a premier French label manufacturer specializing in high-quality adhesive labels for the wine and spirits industry. The company also serves clients in the food and consumer goods sectors. At the time of the acquisition, Barat employed 215 people and was recognized for its technical expertise in complex finishing for premium wine bottles. It operated as a regional leader in one of the world's most important wine-producing hubs.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 10M - 30M 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: multi-color corporation (mcc)