At what enterprise value was AXIUM PACKAGING acquired in 2020?

During the acquisition of AXIUM PACKAGING by CEREA PARTNERS / BPIFRANCE in 2020, 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 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AXIUM PACKAGING when it was acquired by CEREA PARTNERS / BPIFRANCE?

The estimated EV/EBITDA multiple for AXIUM PACKAGING is in the range of 5x - 12x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was AXIUM PACKAGING acquired by CEREA PARTNERS / BPIFRANCE?

AXIUM PACKAGING was acquired by CEREA PARTNERS / BPIFRANCE in 2020.

What was the revenue of AXIUM PACKAGING at the time of the deal?

The revenue of AXIUM PACKAGING at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of AXIUM PACKAGING during the acquisition?

AXIUM PACKAGING's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

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 AXIUM PACKAGING 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 AXIUM PACKAGING 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=2020&id=348

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Home Database Industry & ManufacturingAXIUM PACKAGING

06/2020

CEREA PARTNERS & BPIFRANCE take majority stake in AXIUM PACKAGING

FRANCE Chemicals & Materials / Packaging & Containers / Plastic Packaging EV 50M - 150M EUR

Context

Private equity firm Cerea Partners, utilizing its Cerea Capital II fund, has completed the acquisition of family-owned group Axium through a primary LBO transaction. As part of this deal finalized on June 25, 2020, Bpifrance has joined the consortium to acquire a minority equity stake in the business. Historical CEO Yves Cury and his management team have demonstrated their ongoing commitment by reinvesting significantly in the newly formed corporate structure. The transaction facilitates the exit of the former shareholders, which include the Cury family and Crédit Mutuel Equity SCR. The acquisition financing was structured via a bank syndicate arranged by Caisse d'Epargne, featuring participation from La Banque Postale, CIC, Banque Populaire, and Crédit Agricole. The sell-side was advised by Mazars Corporate Finance, while Joffe & Associés and Advance Capital were among the advisory syndicate supporting the buyers. For majority investor Cerea Partners, the buyout secures operational control of a leading specialist in recyclable (PET) and recycled (R-PET) plastic packaging tailored for the food, health, hygiene, and beauty sectors. Leveraging its operational footprint of five production sites across France, Germany, and the Czech Republic, Axium will utilize this institutional backing to tackle future ecological and industrial challenges, aligning its trajectory firmly with the circular economy.

AXIUM PACKAGING, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (10.9x).

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

Founded in 1968 and headquartered near Saint-Étienne, Axium is a European specialist in the design and manufacture of plastic packaging solutions (PET, rPET, HDPE, PP), primarily targeting the food, healthcare, hygiene, and beauty sectors. The company offers a wide range of products, including bottles, caps, and packaging solutions, with a strong focus on sustainable materials (mainly 100% recyclable or recycled PET and PP). Historically driven by robust organic growth, Axium has also accelerated its expansion through a strategic acquisition approach, notably with the integration of Lapac (plastic injection molding) and KKT (blow molding in Germany) in 2016. With a workforce of over 400 employees across five industrial sites (three in France, one in Germany, and one in the Czech Republic), Axium positions itself as a committed industrial player in the circular economy, dedicated to developing lightweight products that address environmental challenges.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2025	GROUPE SGT (SOCIETE GENERALE DES TECHNIQUES)	AXIUM PACKAGING	FRANCE	Chemicals & Materials	The Groupe SGT continues its expansion by acquiring Axium Packaging from private equity funds Cerea Partners and Bpifrance. This strategic move marks a significant diversification for SGT: while SGT is a leader in preforms for the beverage market, Axium specializes in finished containers (bottles, jars) for the hygiene, beauty, and food sectors. The acquisition creates a comprehensive European packaging player with strong synergies in recycled materials (rPET) and a combined industrial footprint of over 10 sites.

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AXIUM PACKAGING by CEREA PARTNERS / BPIFRANCE 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: axium packaging

Acquirer: cerea partners / bpifrance