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 [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).
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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
€10–30M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
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| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 12/2024 | FIRSTGROUP | RATP DEV TRANSIT LONDON | UNITED KINGDOM | Rail & Public Transit |
| 12/2024 | FIRSTGROUP | RATP LONDON | UNITED KINGDOM | Bus & Coach |
| 10/2024 | GROUPE TOP CHRONO | KLEDYS | FRANCE | Freight Transport |
| 10/2024 | FRANCE EUROPE TRANSPORTS RAPIDES (FETR) | DUCAMIN | FRANCE | Road Freight |
| 09/2024 | DSV | SCHENKER | GERMANY | Freight Forwarding |
| 09/2024 | STAR CAPITAL / ACKERMANS & VAN HAAREN AVH | V.GROUP | UNITED KINGDOM | Marine Cargo |
| 06/2024 | AMDG PE | LA COMPAGNIE DU GOLFE ET DE LA NAVIGATION | FRANCE | Marine Passenger |
| 04/2024 | INFRANITY | TRANSARC | FRANCE | Bus & Coach |
| 04/2024 | STELLANTIS | 2L LOGISTICS | FRANCE | Road Freight |
| 04/2024 | GROUPE SIFA | HESNAULT | FRANCE | Freight Forwarding |
REFERENCES
Revenue range: €10–30M
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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.
Acquirer: bcr-i holding