mynth
09/2013

GROUPE ATLANTIC invests in AUSTRIA EMAIL

AUSTRIA Industrial Equipment / Special Machinery / Boilers & Thermal Solutions REV 50M - 100M EUR

Context

Groupe Atlantic has entered into a definitive agreement to acquire a 40% strategic minority stake in Austria Email AG from the industrial conglomerate Triebacher Industries AG. The transaction, executed as an all-cash corporate investment, was fully funded through Groupe Atlantic’s internal cash reserves. This transaction marks a key secondary share block trade, following Triebacher’s initial acquisition of the asset from private equity sellers two years prior. The investment thesis centers on cross-border market penetration and the capture of localized industrial synergies within the European heating and energy management sector. By securing a significant minority foothold in a prominent peer asset listed on the Vienna Stock Exchange, Groupe Atlantic establishes an immediate commercial and industrial beachhead in Austria and Central Europe.

AUSTRIA EMAIL, which reported an EBITDA margin of LOGIN in 2012, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Austria Email AG is an Austrian company specializing in the manufacture of water heaters and other heating equipment, with a significant presence in the local market. Established several decades ago, the company is listed on the Vienna Stock Exchange and has 341 employees at its Knittelfeld site. The company positions itself as a major player in the Austrian market, with a product and service offering that meets the needs of local customers. Through its technical expertise and market knowledge, Austria Email AG has established a solid reputation in Austria, providing reliable and efficient heating and cooling solutions. The company has also developed partnerships with other industry players to strengthen its market position and improve its competitiveness.

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Historical Financials (EUR)

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REFERENCES

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AUSTRIA EMAIL by GROUPE ATLANTIC are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: austria email

Acquirer: groupe atlantic