CLASQUIN acquired by MEDITERRANEAN SHIPPING COMPANY (MSC)
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 in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.3x).
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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.
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 450M - 900M EUR
EBITDA range: 25M - 50M EUR
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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.