mynth
07/2024

LABELYS acquired by FLORAC, CEREA PARTNERS & UNIGRAINS

FRANCE Chemicals & Materials / Packaging & Containers / Labels & Adhesives EV 300M - 700M EUR

Context

Labelys organized a new buy-out to welcome Florac, Cerea, and Unigrains as new shareholders. The management team maintains a significant minority stake (~40% slightly diluted). The primary objective of this EUR200M equity injection is to finance a new wave of acquisitions across Europe. The financing package includes a senior debt and a Tranche C (private debt), with a leverage kept below 4x EBITDA, providing the group with a robust M&A "war chest" to reach EUR350M+ in revenue by 2028.

LABELYS, which reported an EBITDA margin of LOGIN in 2023, 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 (11.1x).

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.

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Target

Founded as a spin-off from the printer CPI, Labelys is a European leader in the design and manufacturing of high-quality self-adhesive labels. The group serves a diversified and premium client base across sectors such as Cosmetics, Food & Beverage (Wine & Spirits), E-commerce, and Industry. With 1,000 employees and 19 production sites across Southern Europe, Labelys specializes in complex printing techniques and specialized materials, offering critical branding and regulatory solutions for global and regional brands.

Ent. Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2023
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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue 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 LABELYS by FLORAC / CEREA PARTNERS / UNIGRAINS 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).

Acquirer: cerea partners / florac / unigrains