At what enterprise value was MATERIS acquired in 2003?

During the acquisition of MATERIS by LBO FRANCE in 2003, 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 1b - 4b 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 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of MATERIS when it was acquired by LBO FRANCE?

The estimated EV/EBITDA multiple for MATERIS is in the range of 5x - 12x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was MATERIS acquired by LBO FRANCE?

MATERIS was acquired by LBO FRANCE in 2003.

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

The revenue of MATERIS at the time of the deal is estimated to be in the range of 750M - 1.3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of MATERIS during the acquisition?

MATERIS's EBITDA is estimated to be in the range of 150M - 250M 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 MATERIS 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 MATERIS 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.lbofrance.com/en/investissement/materis/

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Home Database Industry & ManufacturingMATERIS

09/2003

LBO FRANCE takes majority stake in MATERIS

LUXEMBOURG Chemicals & Materials / Construction Materials EV 1b - 4b EUR

Context

The transaction involves the sale of Materis, a leading industrial player in the construction materials and technical solutions for the building sector. This deal is part of the exit strategy of the company's historical financial shareholders, The Carlyle Group, CVC Capital Partners, and Advent International, who had supported Materis' transformation and development into an integrated industrial platform. The sale process was structured as an international competitive bidding process, attracting several European and American private equity firms. LBO France was selected as the final buyer, leveraging its expertise as a private equity firm specializing in the acquisition of industrial assets and mature companies. The transaction was structured with the support of ING, acting as the financing arranger and contributing to the setup of a financing package combining various financial instruments and equity.

MATERIS, which reported an EBITDA margin of LOGIN in 2002, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN as low as the average currently observed in the Industry & Manufacturing sector (11.2x).

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

Materis is a leading industrial player specializing in construction materials and building solutions. The group develops and manufactures a range of technical materials for sector professionals, covering multiple complementary segments. Its activities focus on concrete admixtures, calcium aluminates, industrial mortars, decorative paints, and refractory products used in high-temperature environments. This diversified portfolio enables the company to cater to a wide range of needs, from new construction to renovation, as well as demanding industrial applications. The company leverages its strong expertise in materials chemistry and formulation, with a performance-driven approach emphasizing product durability and resistance. Materis operates multiple production sites and technical centers, facilitating the development of tailored solutions that meet local constraints and building market standards. With a presence in numerous countries, the group serves a customer base primarily comprising professionals, including industrial companies, construction firms, and specialized distributors. Materis' business model is built on proximity to local markets, adapting formulations to regional needs, and providing technical support to users on-site. This multi-disciplinary approach allows the company to intervene across the entire construction materials value chain, delivering comprehensive solutions to its customers.

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Other operations with MATERIS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2006	WENDEL	MATERIS	LUXEMBOURG	Chemicals & Materials	Wendel has announced that it has entered into an agreement with LBO France to acquire a majority stake in Materis. The transaction, which involves €420 million in equity (Wendel and management), is based on an industrial platform strategy, with a continued focus on executing Materis' business development plan across its core markets and geographies

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 750M - 1.3b EUR

EBITDA range: 150M - 250M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MATERIS by LBO FRANCE 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).

Press release: view release

Acquirer: lbo france