mynth
04/2024

HESNAULT acquired by GROUPE SIFA

FRANCE Transport & Logistics / Logistics / Freight Forwarding REV 100M - 200M EUR

Context

The Groupe SIFA has completed the acquisition of its competitor Groupe Hesnault. This consolidation brings together two major family-owned players in the French freight forwarding market. The deal allows SIFA to significantly strengthen its network, particularly in the Pacific and Oceania regions where Hesnault had a strong foothold, and to reach a critical size to compete with global giants. The combined entity creates a robust group with expanded "Door to Door" capabilities.

HESNAULT, which reported an EBITDA margin of in 2023, 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 (11.3x).

-> Deep-dive in Business Services market trends

Target

A historic French family-owned freight forwarding group founded over 40 years ago. It specializes in international transport (air and sea freight), customs brokerage, and logistics solutions. It has strong expertise in specific regions like the French Overseas Territories (DOM-TOM) and niche sectors (Corporate projects, perishables).

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

Revenue range: 100M - 200M 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.