When was NS ETIQUETTES acquired by ALLIANCE ETIQUETTES?

NS ETIQUETTES was acquired by ALLIANCE ETIQUETTES in 2015.

What was the revenue of NS ETIQUETTES at the time of the deal?

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

How is the data for the NS ETIQUETTES 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 NS ETIQUETTES 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.fusacq.com/buzz/ns-etiquettes-passe-sous-alliance-etiquettes-a118114_fr_

← DATABASE

Home Database Industry & ManufacturingNS ETIQUETTES

12/2015

NS ETIQUETTES acquired by ALLIANCE ETIQUETTES

FRANCE Chemicals & Materials / Packaging & Containers / Labels & Adhesives REV 5M - 25M EUR

Context

Alliance Etiquettes has completed its first external growth operation since its formation with the acquisition of 100% of NS Etiquettes. This transaction expands the group's geographical footprint into Brittany, a key region for the French food industry, and diversifies its end-markets beyond wine into general agri-food and spirits. Under the terms of the deal, Bruno Quaesaet, the owner and manager of NS Etiquettes, has sold his entire stake to the platform. Simultaneously, he has reinvested a portion of the proceeds to become a minority shareholder in the wider Alliance Etiquettes group, ensuring management continuity and alignment of interests.

NS ETIQUETTES, which reported an EBITDA margin of in 2015, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Located in Landebaëron within the Brittany region, NS Etiquettes is an SME specializing in the design and production of adhesive labels. The company has a strong foothold in the agri-food (food processing) and spirits sectors, providing high-quality labeling solutions for local producers. At the time of the acquisition, the company employed 30 people and generated an annual turnover of EUR6 million.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2015

2014

Similar deals in Chemicals & Materials

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
03/2016	SILVERFLEET	COVENTYA	FRANCE	Specialty Chemicals
01/2016	ALLIANCE ETIQUETTES	IMPRIMERIE MAUMY	FRANCE	Labels & Adhesives
10/2015	APOLLO GLOBAL MANAGEMENT / BPIFRANCE	VERALLIA	FRANCE	Glass Packaging
09/2015	SCHWEITZER-MAUDUIT INTERNATIONAL (SWM)	ARGOTEC	UNITED STATES	Plastics
08/2015	UNIQUE FABRICATING	GREAT LAKES FOAM TECHNOLOGIES	UNITED STATES	Plastics
07/2015	ACTIVA CAPITAL	IMPRIMERIE LAULAN	FRANCE	Labels & Adhesives
06/2015	INTERNATIONAL FLAVORS & FRAGRANCES (IFF)	LUCAS MEYER COSMETICS	CANADA	Flavors & Fragrances
05/2015	INITIATIVE & FINANCE / ISATIS CAPITAL	PURE TRADE WORLDWIDE	FRANCE	Packaging & Containers
05/2015	MULTI-COLOR CORPORATION (MCC)	BARAT	FRANCE	Labels & Adhesives
04/2015	IDEX CORPORATION	NOVOTEMA	ITALY	Plastics

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 NS ETIQUETTES by ALLIANCE ETIQUETTES 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: alliance etiquettes