COMEA PROCESS acquired by GROUPE VELEC
Context
VELEC Group acquired COMEA PROCESS to leverage technical and commercial synergies. The deal allows COMEA to benefit from VELEC's strong international presence and US subsidiaries. The transaction includes the retirement of the majority shareholder and the reinvestment of the Managing Director into the VELEC Group.
COMEA PROCESS, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
COMEA Process (originally founded in 1987 as ERPA) is a premier French engineering company specializing in the custom design, manufacturing, and integration of automated production lines, conveyors, and special-purpose machinery for the food processing industry (AgriFood). Headquartered in Quimper, Brittany, the enterprise operates an end-to-end, fully integrated business model encompassing an in-house engineering design office, electrical/automation programming, and a high-specification manufacturing facility (machining, sheet metal work, and boiler making). Its technical solutions are tailored for demanding food sectors, including meat and poultry processing, seafood, bakery, and prepared meals.
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REFERENCES
Revenue range: 5M - 25M 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.
Target: comea process