At what enterprise value was MANNOK acquired in 2024?

During the acquisition of MANNOK by CIMSA in 2024, 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 300M - 700M 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 MANNOK when it was acquired by CIMSA?

The estimated EV/EBITDA multiple for MANNOK 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 MANNOK acquired by CIMSA?

MANNOK was acquired by CIMSA in 2024.

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

The revenue of MANNOK at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of MANNOK during the acquisition?

MANNOK's EBITDA is estimated to be in the range of 25M - 50M 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 MANNOK 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 MANNOK 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://constructionnews.ie/mannok-cimsa-acquisition/

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Home Database Industry & ManufacturingMANNOK

08/2024

MANNOK acquired by CIMSA

IRELAND Chemicals & Materials / Construction Materials EV 300M - 700M EUR

Context

Cimsa acquired a 94.7% majority stake in Mannok while the local management team retained a 5.3% minority interest to ensure continuity. The transaction provides an exit for the consortium of US hedge funds (led by Brigade Capital Management) that had owned the business since its receivership in 2014. Cimsa intends to use Mannok as its "growth hub" for the UK and Irish markets, leveraging Sabancı's financial power to accelerate Mannok's decarbonization and sustainability initiatives.

MANNOK, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to 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.

-> Deep-dive in Industry & Manufacturing market trends

Target

Headquartered on the border between Northern Ireland and the Republic of Ireland, Mannok (Formerly known as Quinn Corporate Holdings) is a diversified Corporate manufacturer employing over 800 people. It operates two primary divisions: Building Products (manufacturing cement, PIR insulation, roof tiles, and precast concrete) and Packaging (producing rigid plastic containers for the food industry).

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MANNOK by CIMSA 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: mannok