COFELY ALS acquired by BCR-I HOLDING
Context
Engie continues its divestment strategy by selling Cofely ALS to BCR-i Holding. For BCR-i, this is a strategic external growth operation following the acquisition of ESEIS. It integrates a recognized specialist in airport systems maintenance (180 employees) into its portfolio, strengthening its position as a multi-specialist Facility Management player in critical environments.
COFELY ALS, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.3x).
-> Deep-dive in Business Services market trends
Target
A subsidiary of the energy giant Engie, specializing in airport logistics and on-site services. Its activities include baggage handling, runway equipment management, and shuttle services, primarily operating at major French airports like Charles de Gaulle and Orly.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Similar deals in Transport & Logistics
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2025 | SAFESTORE HOLDINGS / NUVEEN REAL ESTATE | EASYBOX | ITALY | Warehousing / 3PL |
| 12/2024 | FIRSTGROUP | RATP DEV TRANSIT LONDON | UNITED KINGDOM | Rail & Public Transit |
| 10/2024 | FRANCE EUROPE TRANSPORTS RAPIDES (FETR) | DUCAMIN | FRANCE | Road Freight |
| 10/2024 | GROUPE TOP CHRONO | KLEDYS | FRANCE | Freight Transport |
| 06/2024 | AMDG PE | LA COMPAGNIE DU GOLFE ET DE LA NAVIGATION | FRANCE | Marine Passenger |
| 04/2024 | INFRANITY | TRANSARC | FRANCE | Bus & Coach |
| 04/2024 | GROUPE SIFA | HESNAULT | FRANCE | Freight Forwarding |
| 04/2024 | STELLANTIS | 2L LOGISTICS | FRANCE | Road Freight |
| 11/2023 | ACEH (TRANSPORTS CHEMINAL) | TRANSPORTS DU VIVARAIS (TDV) | FRANCE | Road Freight |
| 10/2023 | THE CARLYLE GROUP | LOCABOX | FRANCE | Warehousing / 3PL |
REFERENCES
Revenue range: 10M - 30M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of COFELY ALS by BCR-I HOLDING 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.
Acquirer: bcr-i holding