mynth
10/2024

BIRAL acquired by SENSECA

UNITED KINGDOM Industrial Equipment / Special Machinery / Instrumentation & Measurement REV 1m EUR - 100m EUR

Context

Senseca has acquired the entirety of Biral, a UK-based manufacturer of specialized meteorological sensors that measure visibility, weather conditions, and detect thunderstorm activity. The transaction aims to integrate complementary technologies into Senseca's existing portfolio of environmental measurement solutions. Initially, Biral will continue to operate under its own brand, with a gradual integration into the acquiring group's activities. The company brings a range of sensors used in operational applications where real-time weather data is utilized for safety and continuity management, particularly in airports, wind farms, road infrastructure, and industrial facilities. The integration of Biral enables Senseca to enhance its environmental sensor offerings with solutions dedicated to critical atmospheric parameters. Biral's technologies enrich Senseca's existing portfolio, which is focused on physical measurement in connected environments, by adding precise meteorological monitoring capabilities. This acquisition is part of Senseca's strategy to consolidate its position in the environmental measurement instrument market, with a focus on applications related to critical infrastructure and industrial uses that require reliable real-time data. The two companies combine complementary technologies centered on the capture and exploitation of physical data in monitoring systems. The transaction also provides for managerial continuity at Biral, with a change in leadership aimed at supporting the company's integration into the group and driving commercial development through access to Senseca's international network and industrial capabilities.

BIRAL, which reported an EBITDA margin of in 2024, 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 (11.5x).

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Target

Biral is a British manufacturer of high-precision weather sensors, specializing in measuring atmospheric phenomena in critical environments. The company designs and produces instruments to measure visibility, current weather conditions, and detect thunderstorms, with applications in contexts where data reliability is crucial for operational efficiency. Its solutions are deployed in sensitive infrastructure such as airports, wind farms, offshore platforms, road networks, industrial facilities, and certain public sites like stadiums and recreational areas. The sensors developed by Biral provide real-time data used for operational safety, traffic management, and optimizing the availability of infrastructure exposed to variable weather conditions. The company's product portfolio focuses primarily on horizontal visibility measurement, precipitation detection, and thunderstorm activity identification. Additionally, Biral supports its clients over the long term through product support and maintenance services, ensuring continuous equipment operation throughout their lifecycle.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

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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

Target: biral

Acquirer: senseca