At what enterprise value was CHAINES ET CIE acquired in 2022?

You can find the full valuation details of CHAINES ET CIE on mynth capital. 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CHAINES ET CIE when it was acquired by AMF GROUP?

The exact EV/EBITDA multiple for CHAINES ET CIE is available on mynth capital. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was CHAINES ET CIE acquired by AMF GROUP?

CHAINES ET CIE was acquired by AMF GROUP in 2022.

What was the revenue of CHAINES ET CIE at the time of the deal?

The revenue of CHAINES ET CIE at the time of the deal is estimated to be in the range of 5M - 25M 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 CHAINES ET CIE 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 CHAINES ET CIE 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://cdn.prod.website-files.com/67589e76ef5580de836719fd/67589e76ef5580de83671b07_AMF-Add-on-Chaines-et-Cie-ENG-FR-ITA.pdf

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Home Database Retail & ConsumerCHAINES ET CIE

07/2022

CHAINES ET CIE acquired by AMF GROUP

FRANCE Luxury Goods / Luxury Supply Chain REV 5M - 25M EUR

Context

The transaction involves the acquisition of Chaines et Cie by AMF Group, a portfolio company of Alpha Private Equity, from the owner Frédéric Dreyfus. Following the group's standard acquisition model, Dreyfus will reinvest a portion of the proceeds into the AMF Group and continue to lead the French operations as a manager. This deal is highly strategic as it marks AMF's first major international expansion into France, creating the first pan-European player in the luxury accessories sector. The rationale is based on the strong industrial complementarity between Chaines et Cie’s French artisanal heritage and AMF’s Italian technological scale. By combining these entities, the group can offer luxury houses a dual-sourcing strategy (Italy and France) under a single management umbrella. The acquisition follows closely on the heels of the Italcatene deal, signaling a clear intent to dominate the specialized "chains" category within the luxury hardware market. Post-acquisition, the consolidated group expects to reach a critical scale with forecasted annual revenues exceeding €120M.

CHAINES ET CIE, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).

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

Chaines et Cie is a historic French manufacturer specializing in the creation of high-end chains and custom jewelry for the global luxury industry. Based in Aubigny, the company is the legacy of four generations of goldsmiths, maintaining a unique artistic heritage that positions it as a key partner for iconic fashion houses such as Chanel and Hermès. The business model is centered on the "Chaînothèque," an extensive private archive of chain designs that serves as a creative resource for luxury brands' new collections. The company specializes in working with precious and semi-precious metals, including gold, silver, and stainless steel, utilizing traditional handmade techniques alongside modern industrial processes. By focusing on the "Made in France" label and artisanal excellence, the firm provides bespoke hardware solutions primarily for the leather goods and jewelry segments. Its role in the supply chain is that of a specialized Tier 1 supplier, known for its ability to combine historical design references with contemporary quality standards and technical innovation.

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03/2021	EXOR	CHRISTIAN LOUBOUTIN	FRANCE	Luxury Goods	Exor invests +€500 million to acquire 24% of Christian Louboutin. This transaction allows Exor to strengthen its presence in the luxury and fashion sector, and Christian Louboutin to benefit from Exor's expertise and resources to accelerate its development
12/2020	LVMH	TIFFANY & CO	UNITED STATES	Luxury Goods	LVMH acquired Tiffany & Co. in a record-breaking, highly strategic public-to-private transaction. The deal was structured via a definitive merger agreement that culminated in an all-cash tender offer approved by Tiffany's shareholders following an intense period of renegotiation and cross-border legal disputes triggered by the COVID-19 pandemic and international trade tariff friction
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10/2016	LVMH	RIMOWA	GERMANY	Luxury Goods	LVMH acquired an 80% controlling majority stake in Rimowa from Dieter Morszeck in a highly strategic, friendly transaction. The deal was structured via a definitive share purchase agreement under which the French luxury conglomerate took full control of the corporate equity, while the remaining 20% stake was retained by Dieter Morszeck, who stayed on as an equity partner and co-managing director
07/2016	G-III APPAREL GROUP	DONNA KARAN	UNITED STATES	Luxury Goods	G-III Apparel Group acquired 100% of Donna Karan International from LVMH in a highly significant and transformational corporate transaction. The deal was structured via a definitive stock purchase agreement that combined cash, high-leverage institutional debt facilities, and vendor financing mechanisms
04/2015	CLESSIDRA SGR / L-GAM	ROBERTO CAVALLI	ITALY	Luxury Goods	The acquisition of Roberto Cavalli by Clessidra SGR and its co-investors marks a significant transaction in the luxury fashion industry. The deal is driven by a strategic rationale to support the growth and development of Roberto Cavalli, leveraging the resources and expertise of the acquirers to expand the brand's global presence and improve its operational efficiency

REFERENCES

Revenue range: 5M - 25M 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).