CLASQUIN has been 100% owned by MEDITERRANEAN SHIPPING COMPANY (MSC) since January 2025.

At what enterprise value was CLASQUIN acquired in 2025?

During the acquisition of CLASQUIN by MEDITERRANEAN SHIPPING COMPANY (MSC) in 2025, the transaction's Enterprise Value is estimated to be in the range of €300–700M.

What was the EV/EBITDA of CLASQUIN when it was acquired by MEDITERRANEAN SHIPPING COMPANY (MSC)?

The estimated EV/EBITDA multiple for CLASQUIN is in the range of 10x - 18x.

What was the EV/Revenue multiple of CLASQUIN when it was acquired by MEDITERRANEAN SHIPPING COMPANY (MSC)?

The estimated EV/Revenue multiple for CLASQUIN is in the range of below 1.5x.

What was the revenue of CLASQUIN at the time of the deal?

The revenue of CLASQUIN at the time of the deal is estimated to be in the range of €450–900M.

What was the EBITDA of CLASQUIN during the acquisition?

CLASQUIN's EBITDA is estimated to be in the range of €25–50M.

How is the data for the CLASQUIN 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 CLASQUIN 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.lesechos.fr/pme-regions/auvergne-rhone-alpes/transport-sortie-de-bourse-pour-clasquin-repris-par-le-geant-msc-2142100

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesCLASQUIN

01/2025

CLASQUIN acquired by MEDITERRANEAN SHIPPING COMPANY (MSC)

FRANCE Transport & Logistics / Logistics / Freight Forwarding EV €300–700M

Context

MSC acquired a 97.5% controlling stake in Clasquin through a public tender offer (OPA). The transaction includes the 42% stake held by founder Yves Revol and shares held by employees. By exceeding the 90% ownership threshold, MSC has initiated the squeeze-out process to delist Clasquin from the Paris stock exchange. The company will be integrated into MSC's service-engineering branch, Shipping Agencies Services (SAS), based in Luxembourg.

CLASQUIN, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a discount to the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

Clasquin is a French mid-cap (ETI) specializing in international freight forwarding and overseas logistics. The group manages complex transport flows (Air, Sea, and Road) between Europe and the rest of the world, particularly Asia. With 1,600 employees, the company acts as an architect of the supply chain, providing high-value engineering services and digital tracking for international shipments.

Ent. Value

€300–700M

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

10x–18x

EV / EBIT

10x–18x

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

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REFERENCES

Valuation range: EV €300–700M

Revenue range: €450–900M

EBITDA range: €25–50M

EV/Revenue range: below 1.5x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CLASQUIN by MEDITERRANEAN SHIPPING COMPANY (MSC) are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.