ESSENCES & PARFUMS acquired by TRAJAN
Context
Trajan acquired a majority stake of less than 60% in Essences & Parfums to facilitate the founders' retirement and the company's succession. The founders rejected acquisition offers from corporate groups to preserve the brand's independence, opting instead for a financial partnership. The deal was structured as a competitive process involving several sponsors: Bpifrance and Smalt Capital acquired approximately 20% of the capital, the founders retained about 20%, and the new management team took a stake of less than 10%. The acquisition was financed via a two-tranche senior debt package and a lease-back arrangement for the company's real estate. The strategic plan focuses on ensuring a smooth leadership transition while exploring organic growth opportunities and potential build-ups to strengthen the group's international presence.
ESSENCES & PARFUMS, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
Essences & Parfums is a specialized fragrance house providing bespoke aromatic compositions for the B2B market. The company excels in the creation and production of perfume concentrates used in fine perfumery and cosmetics. It has established a significant international footprint, particularly in high-growth regions such as the Middle East and Asia. Under recent management, the firm has professionalized its creative and commercial operations while maintaining its artisanal heritage, successfully positioning itself as a key supplier for international cosmetic and luxury brands.
Ent. Value
Equity Value
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EV / Revenue
EV / EBITDA
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Historical Financials (EUR)
Other operations with ESSENCES & PARFUMS
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2026 | SAGARD | ESSENCES & PARFUMS | FRANCE | Flavors & Fragrances |
REFERENCES
Valuation range: EV 20M - 50M EUR
Revenue range: 5M - 25M EUR
EBITDA range: 5M - 25M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ESSENCES & PARFUMS by TRAJAN 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: essences & parfums
Acquirer: trajan