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 LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).
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.
-> 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
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Similar deals in Business Services
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 01/2025 | SAFESTORE HOLDINGS / NUVEEN REAL ESTATE | EASYBOX | ITALY | Transport & Logistics | Safestore Holdings PLC and Nuveen Real Estate have established an evenly split joint venture to acquire 100% of Easybox. This strategic partnership marks the formal entry for both entities into the Italian self-storage sector, which is currently identified as one of the most under-penetrated markets in Western Europe. The transaction includes ten income-producing facilities with strong trading track records and two specialized turn-key development projects located in Milan, which are scheduled for delivery in the first half of 2025 |
| 12/2024 | FIRSTGROUP | RATP DEV TRANSIT LONDON | UNITED KINGDOM | Transport & Logistics | FirstGroup plc has completed the acquisition of 100% of RATP London from RATP Développement. The transaction represents FirstGroup's strategic re-entry into the London bus market at scale, following its exit in 2013. The strategic rationale for the acquisition is to diversify FirstGroup's portfolio and secure a significant foothold in the UK's largest bus market, which accounts for 46% of the national industry. RATP London brings a high-quality fleet (34% electric) and c. 90 TfL contracts with a weighted average remaining life of 3 |
| 10/2024 | GROUPE TOP CHRONO | KLEDYS | FRANCE | Transport & Logistics | Top Chrono, which specializes in last-mile delivery in the Ile-de-France region, has just acquired Kledys. This acquisition will enable Top Chrono to strengthen its healthcare division. |
| 10/2024 | FRANCE EUROPE TRANSPORTS RAPIDES (FETR) | DUCAMIN | FRANCE | Transport & Logistics | The Toulouse-based Groupe Jardel continues its national expansion by acquiring Transports Ducamin in Normandy. This acquisition allows Jardel to diversify its activity portfolio by integrating niche expertise in hazardous materials (fuel transport) and to strengthen its geographical footprint in the North-West of France, a region where it previously had less density. |
| 06/2024 | AMDG PE | LA COMPAGNIE DU GOLFE ET DE LA NAVIGATION | FRANCE | Transport & Logistics | The maritime group La Compagnie du Golfe et de la Navigation (CGN), which owns the iconic brands Les Bateaux Verts and Vedettes Iles d'Or, completes a new LBO ("LBO Bis"). The founder and CEO, Denis Robert, reorganizes the capital structure by bringing in AMDG Private Equity as a strategic partner, alongside Smalt Capital. This operation allows the exit of previous financial backers and provides the group with resources to accelerate its energy transition (hybridization of the fleet) and consolidate its leadership in the Var tourism market |
| 04/2024 | INFRANITY | TRANSARC | FRANCE | Transport & Logistics | Infranity, a prominent European sustainable infrastructure investor and part of the Generali Group, has finalized the acquisition of a majority stake in TRANSARC. This investment, closed on July 3, 2024, marks a significant move to decarbonize one of France's leading private regional transport operators, as a core pillar of this partnership is the rapid electrification of TRANSARC�s fleet. Immediately following the acquisition, the group announced a strategic collaboration with RETROFLEET to implement an ambitious "retrofit" program |
| 04/2024 | GROUPE SIFA | HESNAULT | FRANCE | Transport & Logistics | The Groupe SIFA has completed the acquisition of its competitor Groupe Hesnault. This consolidation brings together two major family-owned players in the French freight forwarding market. The deal allows SIFA to significantly strengthen its network, particularly in the Pacific and Oceania regions where Hesnault had a strong foothold, and to reach a critical size to compete with global giants. The combined entity creates a robust group with expanded "Door to Door" capabilities. |
| 04/2024 | STELLANTIS | 2L LOGISTICS | FRANCE | Transport & Logistics | Groupe CAT, a European giant in automotive logistics, has acquired a majority stake in 2L Logistics. This transaction marks a significant consolidation in the French market. By integrating 2L Logistics, Groupe CAT significantly reinforces its fleet and territorial coverage in France. For 2L Logistics, which had been growing through its own acquisitions (such as Transports Marzat), backing a global industrial player provides the financial stability and network required to sustain its rapid expansion in a capital-intensive sector |
| 11/2023 | ACEH (TRANSPORTS CHEMINAL) | TRANSPORTS DU VIVARAIS (TDV) | FRANCE | Transport & Logistics | ACEH, the parent company of Transports Cheminal, is continuing its geographical expansion southward by acquiring all the shares of Transports du Vivarais. This transaction allows the Haute-Loire-based group to establish a presence in the Ardeche region, a strategic axis for serving the Rhone Valley, and to increase its fleet by approximately forty vehicles. |
| 10/2023 | THE CARLYLE GROUP | LOCABOX | FRANCE | Transport & Logistics | The US private equity giant Carlyle Group has acquired the majority of the Locabox network (20 out of 25 centers) from its founding family, the Demonchy Group. This transaction marks Carlyle's entry into the French self-storage market, a sector consolidating rapidly. The operation is structured as a sale of assets/business, while the historical owners retain a minority scope of 5 centers in the South of France. |
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: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Acquirer: bcr-i holding