DIMOTRANS acquired by CREDIT MUTUEL EQUITY & BNP PARIBAS DEVELOPPEMENT
Context
DIMOTRANS Group welcomed Credit Mutuel Equity as a new minority shareholder to accelerate its transition toward a EUR1 billion revenue target within five years. The transaction involves a significant reinvestment from historical partner BNP Paribas Developpement and the management team. The deal is supported by a senior debt pool led by CIC Lyonnaise de Banque and other major French banks. The strategic focus is on consolidating the fragmented logistics market through aggressive acquisitions while maintaining the group's independent alternative positioning against global freight forwarding companies.
DIMOTRANS, which reported an EBITDA margin of in 2022, 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 (11.4x).
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Target
A major French independent supply chain management company. It offers multimodal transport solutions (road, air, sea), customs brokerage, and contract logistics. The group has grown significantly through acquisitions (e.g., Crystal Group) and operates a vast international network.
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Similar deals in Transport & Logistics
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2023 | Air France-KLM Group / Castlelake / Lind Invest / Danish State | SAS | SWEDEN | Airlines |
| 09/2023 | DFDS | FRS IBERIA MAROC | SPAIN | Marine Passenger |
| 07/2023 | 2L LOGISTICS | TRANSPORTS MARZAT | FRANCE | Road Freight |
| 07/2023 | DFDS | ESTRON GROUP | NETHERLANDS | Road Freight |
| 07/2023 | BALTCAP | XPEDIATOR | UNITED KINGDOM | Freight Forwarding |
| 02/2023 | GROUPE MALHERBE | LM TRANS FRET | FRANCE | Road Freight |
| 02/2023 | DFDS | MCBURNEY TRANSPORT GROUP | UNITED KINGDOM | Road Freight |
| 02/2023 | STAR CAPITAL | MYFLEXBOX | AUSTRIA | Logistics |
| 11/2022 | GROUPE BERNARDI | GROUPE CAILLE | FRANCE | Road Freight |
| 10/2022 | Seapeak | Evergas | DENMARK | Marine Cargo |
REFERENCES
Revenue range: 450M - 900M 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: dimotrans
Acquirer: credit mutuel equity / bnp paribas developpement