mynth
← DATABASE
12/2018

GROUPE MALHERBE acquired by ARKEA CAPITAL, UNEXO & SOCADIF

FRANCE Transport & Logistics / Freight Transport / Road Freight EV 100M - 350M EUR

Context

The management team reorganized the capital structure to consolidate their majority position. Existing sponsors Siparex and NCI exited after a 5-year cycle. The new investor pool (Arkea, Unexo, Socadif) injected EUR35 million in equity. It is leveraged by a senior debt package of over EUR50 million arranged by BNP Paribas. The goal is to reach EUR420 million in revenue by 2021 through further buy-and-build operations.

GROUPE MALHERBE, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

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.

-> Deep-dive in Business Services market trends

Target

One of the leading French transport and logistics organizers (ranked top 3 in general cargo). The group operates a hybrid model combining its own fleet (~1,400 trucks) and a vast chartering network. It handles general freight, bulk, and temperature-controlled transport for the agri-food, construction, and retail industries.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2018
LOGIN
LOGIN
LOGIN
2017
LOGIN
LOGIN
LOGIN

Other operations with GROUPE MALHERBE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
12/2025GEODISGROUPE MALHERBEFRANCETransport & Logistics

In a major market consolidation move, the logistics giant GEODIS has signed an agreement to acquire the Groupe Malherbe. This "Corporate" transaction marks the exit of financial investors (Siparex, etc.) and the end of Malherbe's independent LBO cycles. By integrating Malherbe, GEODIS significantly strengthens its French road transport network, creating a combined entity with EUR2 billion in revenue solely in this segment (Road Transport), capable of competing with European leaders.

02/2023GROUPE MALHERBELM TRANS FRETFRANCETransport & Logistics

The group finalizes the acquisition of LM Trans Fret, a regional transport operator specializing in freight forwarding, chartering, and pallet distribution, primarily serving the agri-food and industrial sectors. This bolt-on transaction perfectly aligns with the acquirer's strategy to densify its geographical footprint. By integrating this player, the group optimizes its domestic and regional transport flows, and unlocks commercial synergies across a diversified industrial customer base, further consolidating its position as an entrenched, end-to-end supply chain partner.

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE MALHERBE by ARKEA CAPITAL / UNEXO / SOCADIF 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: groupe malherbe

Acquirer: unexo / socadif / arkea capital