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10/2016MinorityLBO

Meanings Capital Partners invests in Compagnie Coloniale

FRANCE Food Processing / Beverages / Coffee & Tea EV €0–15M

Context

Meeschaert Capital (now Meanings Capital Partners) entered Compagnie Coloniale’s capital through a minority growth‑equity investment of EUR 1 million, providing “new money” to support the company’s commercial redeployment and international expansion. The transaction is structured as a minority stake in the tea producer, with Meeschaert partnering alongside existing shareholders, including the Balay family, who retain control of the business. The proceeds are intended to finance a renewed commercial offensive, notably through the strengthening of export channels, marketing initiatives, and brand‑building activities aimed at restoring the historical visibility and reputation of the Compagnie Coloniale name. The group’s century‑old tea heritage, combined with its own production capabilities near Poitiers, allows it to control key steps in the value chain, from sourcing and blending to packaging, while maintaining a relatively small but high‑quality output profile. The investment follows a turbulent chapter in the company’s trajectory, including periods within larger industrial groups, a restructuring under Vincent Balay, and a brief public listing followed by a delisting, which has left the platform in a position to benefit from fresh capital and specialized sponsor support.

Compagnie Coloniale, which reported an EBITDA margin of [members only] in 2015, is valued in this transaction at an EV/EBITDA multiple of [members only].

-> Deep-dive in AgriFood market trends

Target

Compagnie Coloniale is a French tea company with a long‑established heritage dating back to 1848, originally founded in Paris as an importer of chocolate before shifting its focus to tea in the early 20th century. The group specializes in the sourcing, importation, blending, and transformation of teas, which are processed at its production site located near Poitiers. Over time, Compagnie Coloniale has built a portfolio of branded and private‑label tea offerings, distributed through a network of selected retail, specialty, and potentially export channels. The company experienced a complex corporate history, including a period of integration within larger groups such as Thé des Éléphants and later Unilever, before being restructured in the 2010s under the ownership of entrepreneur Vincent Balay, who led the business.

Ent. Value

€0–15M

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2015
€0–5M
[members only]
[members only]
2014
€0–5M
[members only]
[members only]

Other operations with Meanings Capital Partners

Other operations with Meanings Capital Partners
DateAcquirerTargetCountrySector
03/2026MEANINGS CAPITAL PARTNERSMOULINOTFRANCECollection & Recycling
06/2023MEANINGS CAPITAL PARTNERSJEMS GROUPFRANCEData & AI Consulting

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REFERENCES

Valuation range: EV €0–15M

Revenue range: €0–5M

EV/Revenue range: 1x - 3x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Compagnie Coloniale by Meanings Capital Partners 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.

Target: compagnie coloniale

FAQ

What transaction does this page cover?

This page covers the acquisition of a minority stake in Compagnie Coloniale, a French company specialised in Beverages, by Meanings Capital Partners in 2016, structured as a leveraged buyout (LBO).

How was the acquisition of Compagnie Coloniale by Meanings Capital Partners valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €0–15M band and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What was Compagnie Coloniale’s revenue at the time of the deal?

At the time of the transaction, Compagnie Coloniale’s annual revenue was estimated within the €0–5M range (FY 2015). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

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