NORD COFFRAGE acquired by INITIATIVE & FINANCE
Context
Initiative & Finance and Turenne Groupe acquired a majority stake in Nord Coffrage to support its national expansion. Under the leadership of the founder and a reinforced management team, the goal was to capitalize on the Grand Paris projects and densify the regional agency network (Lille, Paris, Lyon, Nantes).
NORD COFFRAGE, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level as low as the average currently observed in the Business Services sector (11.3x).
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Target
A leading French specialist in the rental and sale of formwork systems, shoring, and safety equipment for construction and civil engineering. The company serves major construction groups (Bouygues, Vinci, Eiffage) for complex concrete structures.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with NORD COFFRAGE
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2021 | NORD COFFRAGE | RENTMAT BTP | FRANCE | Equipment Rental |
REFERENCES
Valuation range: EV 20M - 50M EUR
Revenue range: 25M - 50M EUR
EBITDA range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: nord coffrage
Acquirer: initiative & finance