NOVELIS has been 100% owned by ACCES INDUSTRIE since May 2019.

When was NOVELIS acquired by ACCES INDUSTRIE?

NOVELIS was acquired by ACCES INDUSTRIE in 2019.

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

The revenue of NOVELIS at the time of the deal is estimated to be in the range of 5M - 25M EUR.

How is the data for the NOVELIS 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 NOVELIS 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://capitalfinance.lesechos.fr/deals-m-a/small-cap/acces-industrie-rachete-les-materiels-de-manutention-de-novelis-1022859

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesNOVELIS

05/2019

NOVELIS acquired by ACCES INDUSTRIE

FRANCE Industrial Services / Equipment Rental REV 5M - 25M EUR

Context

Acces Industrie acquired Novelis to strengthen its "Material Handling" division and diversify away from the pure construction cycle. This acquisition integrated approx. 1,000 machines and a strategic distribution network in Western France. It also allowed the group to leverage Novelis' expertise in equipment sales, complementing its core rental business.

NOVELIS, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

An expert in the sale and rental of new and used material handling equipment (forklifts, pallet trucks, stackers). Novelis operated 4 agencies and held an exclusive distribution partnership with the Japanese giant UniCarriers across several French departments.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

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2018

2017

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
06/2019	LOXAM	RAMIRENT	FINLAND	Equipment Rental
06/2019	GROUPE BERTO	GROUPE TDS (TRANSPORTS DEPLACEMENTS SERVICES)	FRANCE	Equipment Rental
05/2019	INITIATIVE & FINANCE	NORD COFFRAGE	FRANCE	Equipment Rental
04/2019	RAMIRENT	STAVDAL	SWEDEN	Equipment Rental
03/2019	SPEEDY HIRE	LIFTERZ	UNITED KINGDOM	Equipment Rental
02/2019	MISTRAS GROUP	ONSTREAM PIPELINE INSPECTION	CANADA	TIC (Testing, Inspection, Certification)
12/2018	RAMIRENT	SRV KALUSTO	FINLAND	Equipment Rental
10/2018	KILOUTOU	MICHAUD LOCATION	FRANCE	Equipment Rental
06/2018	MBO+	GROUPE LOCATION TRANSPORT	FRANCE	Equipment Rental
06/2018	WARBURG PINCUS	SUPPLIER ASSESSMENT SERVICES	UNITED KINGDOM	TIC (Testing, Inspection, Certification)

REFERENCES

Revenue 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 NOVELIS by ACCES INDUSTRIE 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.

Acquirer: acces industrie