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04/2019

MECOMER acquired by SECHE ENVIRONNEMENT

ITALY Utilities (Regulated Infrastructure) / Waste Management / Hazardous Waste EV 20M - 50M EUR

Context

Seche Environnement acquired a majority stake in Mecomer. This transaction marks the group's third international acquisition within a single year, following entries into Peru and South Africa. The deal was structured to allow the founder's son and current manager, Stefano Ferrante, to retain a minority interest and continue leading the company's operations. The strategic rationale for the acquisition is to establish a solid industrial base in Italy, a key European market for hazardous waste, while leveraging the target's specialized laboratory and logistical capabilities to serve the group's pan-European industrial clients.

MECOMER, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of .

Target

Established in 1987 and headquartered in the Milan region, Mecomer is a specialized Italian operator in the management of hazardous waste flows for high-stakes Corporate sectors, including chemicals, pharmaceuticals, and energy. The company operates an advanced analytical laboratory and two major transfer sites. With a team of 150 experts, it provides comprehensive waste treatment and logistics services, ensuring regulatory compliance and environmental safety for large-scale Corporate producers. At the time of the transaction, the firm held a strong regional position in Lombardy, one of Europe's most Corporateized areas.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2018
2017

Similar deals in Utilities (Regulated Infrastructure)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
06/2024VEOLIAENVIROPACIFICAUSTRALIAHazardous Waste
06/2024SECHE ENVIRONNEMENTECO CORPORATE ENVIRONMENTAL ENGINEERING (ECO)SINGAPOREHazardous Waste
09/2023EURAZEO2B SERVICES & INNOVATIONSFRANCEWaste Management
09/2023TPGA-GASUNITED KINGDOMHazardous Waste
08/2021STIRLING SQUARE CAPITAL / DEUTSCHE BETEILIGUNGS (DBAG)ITELYUMITALYWaste Management
06/2021PLATINUM EQUITYURBASERSPAINWaste Management
05/2018ANTIN INFRASTRUCTUREIDEXFRANCEDistrict Heating
06/2013TRITON PARTNERSBEFESALUXEMBOURGHazardous Waste
09/2011CUBE INFRASTRUCTUREIDEXFRANCEDistrict Heating
11/2004IK PARTNERSIDEXFRANCEDistrict Heating

REFERENCES

Valuation range: EV 20M - 50M EUR

Revenue range: 25M - 50M EUR

EBITDA range: 5M - 25M EUR

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

Press release: view release

Acquirer: seche environnement