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01/2026

PIZZORNO ENVIRONNEMENT acquired by PAPREC

FRANCE Utilities (Regulated Infrastructure) / Waste Management / Collection & Recycling EV 300M - 700M EUR

Context

Paprec Group exercised a call option to acquire an additional 30.64% stake in Pizzorno Environnement from the Pizzorno-Devalle family, increasing its total holding to 50.64%. The transaction was valued at EUR62.50 per share, representing a total Equity Value of EUR250M.

PIZZORNO ENVIRONNEMENT, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN.

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

Target

A family-owned key player in the circular economy specializing in waste management services. Its expertise covers the entire waste cycle: urban cleaning, collection, sorting, recovery, and treatment. The group employs 2,500 people.

Ent. Value

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Multiples

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EV / EBITDA

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Historical Financials (EUR)

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2024
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2023
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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PIZZORNO ENVIRONNEMENT by PAPREC are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: pizzorno environnement

Acquirer: paprec