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07/2024

GROUPE HAMEUR (MAGIMIX & ROBOT-COUPE) acquired by ARDIAN

FRANCE Consumer Products / Home & DIY EV 1b - 4b EUR

Context

Ardian is acquiring a majority stake in Groupe Hameur (Magimix and Robot-Coupe) from the De Jenlis Family. The transaction was structured as a primary LBO following a competitive auction process managed by investment banks. The process initially attracted interest from both strategic industrial players and a dozen private equity firms, eventually narrowing down to a final round involving three major global investment houses. The investment strategy is centered on accelerating growth in key international markets, particularly the United States, by leveraging the acquirer's local expertise. Beyond organic growth, the partnership aims to consolidate the fragmented market for professional culinary equipment through targeted bolt-on acquisitions. The founding family remains a minority shareholder to support this new phase of international expansion.

GROUPE HAMEUR (MAGIMIX & ROBOT-COUPE), 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 Retail & Consumer sector (11.1x).

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Target

Founded in 1961, the target group is a world-renowned manufacturer of culinary preparation equipment. It operates through two iconic brands: one dedicated to the professional catering and food industry, and the other focused on high-end domestic kitchen appliances. The professional division is a global leader, distributing its products in over 130 countries, with a particularly strong presence in France, the United States, Australia, and the United Kingdom. The group is celebrated for inventing the food processor and continues to maintain a reputation for durability, innovation, and technical excellence. Its products are essential tools in professional kitchens, ranging from Michelin-starred restaurants to institutional catering. The domestic branch brings this professional-grade technology to individual consumers, specializing in high-performance multifunction robots and cooking appliances.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Valuation range: EV 1b - 4b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE HAMEUR (MAGIMIX & ROBOT-COUPE) by ARDIAN 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.

Press release: view release

Acquirer: ardian