At what enterprise value was IPACKCHEM acquired in 2023?

During the acquisition of IPACKCHEM by GREIF in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of IPACKCHEM when it was acquired by GREIF?

The estimated EV/EBITDA multiple for IPACKCHEM is in the range of 5x - 12x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.6x. Join our community for free to access full valuation data and industry trends.

When was IPACKCHEM acquired by GREIF?

IPACKCHEM was acquired by GREIF in 2023.

What was the revenue of IPACKCHEM at the time of the deal?

The revenue of IPACKCHEM at the time of the deal is estimated to be in the range of 150M - 250M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of IPACKCHEM during the acquisition?

IPACKCHEM's EBITDA is estimated to be in the range of 50M - 100M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the IPACKCHEM acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the IPACKCHEM deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cfnews.net/L-actualite/International/Operations/M-A/Un-americain-emballe-Ipackchem-460682

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Home Database Industry & ManufacturingIPACKCHEM

11/2023

IPACKCHEM acquired by GREIF

FRANCE Chemicals & Materials / Packaging & Containers / Plastic Packaging EV 500M - 1.5b EUR

Context

Greif has finalized the acquisition of Ipackchem. The transaction was funded through Greif's existing credit facility and is expected to be immediately accretive to EBITDA margins. This strategic move allows Greif to capture $14.7 million in annual synergies by integrating Ipackchem's global operations into the Greif Global Industrial Packaging segment. The acquisition is a cornerstone of Greif's expansion into high-performance small containers, providing the group with advanced barrier technology capabilities and a stronger presence in the agrochemical market worldwide.

IPACKCHEM, which reported an EBITDA margin of in 2022, 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

Ipackchem is a global leader in the design and manufacture of high-performance rigid plastic packaging (jerrycans, bottles, and containers) specifically engineered for the crop protection and specialty chemical industries. The company is renowned for its proprietary "Advanced Barrier Technology" (fluorination and co-extrusion), which ensures the safe transport of aggressive or hazardous chemicals by preventing permeation. Operating 13 manufacturing facilities across four continents with over 1,400 employees, Ipackchem provides high-barrier solutions that comply with stringent international safety and environmental regulations.

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Date	Acquirer	Target	Country	Sector
02/2024	CONSTANTIA FLEXIBLES	ALUFLEXPACK	SWITZERLAND	Packaging & Containers
01/2024	GALIENA CAPITAL	EXTRUFLEX	FRANCE	Plastics
11/2023	CLAYTON, DUBILIER & RICE (CD&R)	VERITIV CORPORATION	UNITED STATES	Packaging & Containers
11/2023	CRH	MARTIN MARIETTA STCC	UNITED STATES	Construction Materials
09/2023	MELLBY GÅRD	DUNI GROUP	SWEDEN	Paper & Cardboard
09/2023	ATHENA HOLDING	TESSILBIELLA	ITALY	Material Transformation
08/2023	APOLLO GLOBAL MANAGEMENT / IRENIC CAPITAL	ARCONIC	UNITED STATES	Metallurgy / Foundry
07/2023	MICHELIN	FLEX COMPOSITE GROUP	FRANCE	Plastics
07/2023	AGIC CAPITAL	PURE TRADE WORLDWIDE	FRANCE	Packaging & Containers
05/2023	TRAJAN	ESSENCES & PARFUMS	FRANCE	Flavors & Fragrances

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 150M - 250M EUR

EBITDA 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 IPACKCHEM by GREIF 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.