mynth
12/2015

NS ETIQUETTES acquired by ALLIANCE ETIQUETTES

FRANCE Chemicals & Materials / Packaging & Containers / Labels & Adhesives REV €5–25M

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 [members only] in 2015, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Industry & Manufacturing sector (11.7x).

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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

€5–25M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2015
€5–25M
[members only]
[members only]
2014
€5–25M
[members only]
[members only]

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09/2015SCHWEITZER-MAUDUIT INTERNATIONAL (SWM)ARGOTECUNITED STATESPlastics
08/2015UNIQUE FABRICATINGGREAT LAKES FOAM TECHNOLOGIESUNITED STATESPlastics
07/2015ACTIVA CAPITALIMPRIMERIE LAULANFRANCELabels & Adhesives
06/2015INTERNATIONAL FLAVORS & FRAGRANCES (IFF)LUCAS MEYER COSMETICSCANADAFlavors & Fragrances
05/2015INITIATIVE & FINANCE / ISATIS CAPITALPURE TRADE WORLDWIDEFRANCEPackaging & Containers
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REFERENCES

Revenue range: €5–25M

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