At what enterprise value was PURE TRADE WORLDWIDE acquired in 2023?

During the acquisition of PURE TRADE WORLDWIDE by AGIC CAPITAL in 2023, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

When was PURE TRADE WORLDWIDE acquired by AGIC CAPITAL?

PURE TRADE WORLDWIDE was acquired by AGIC CAPITAL in 2023.

What was the revenue of PURE TRADE WORLDWIDE at the time of the deal?

The revenue of PURE TRADE WORLDWIDE at the time of the deal is estimated to be in the range of 50M - 100M EUR.

How is the data for the PURE TRADE WORLDWIDE 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 PURE TRADE WORLDWIDE 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://sparringcapital.com/en/sparring-capital-announces-the-sale-of-pure-trade-to-agic-capital/

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Home Database Industry & ManufacturingPURE TRADE WORLDWIDE

07/2023

PURE TRADE WORLDWIDE acquired by AGIC CAPITAL

FRANCE Chemicals & Materials / Packaging & Containers EV 100M - 350M EUR

Context

AGIC Capital acquired a majority stake in Pure Trade from Sparring Capital, which had held the investment since February 2020. During Sparring's holding period, the group demonstrated strong resilience through the Covid crisis and expanded its global footprint with offices in Paris, Barcelona, Hong Kong, Shenzhen, Shanghai, and New York. The transaction is designed to support the next phase of international development, particularly in the US and Asia, as the group targets €90M in revenue for 2023. CEO and Founder Stefane Ladous, along with the existing management team, reinvested in the transaction to drive continued growth.

Pure Trade Worldwide had already undergone several LBOs in the past, notably in 2015 with Initiative & Finance / Isatis Capital and in 2020 with Sparring Capital. This succession of buyouts highlights the strong attractiveness of the company's business model.

PURE TRADE WORLDWIDE, which reported an EBITDA margin of in 2023, 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).

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Target

Founded in 1996, Pure Trade is a prominent player in the market for high-end promotional products and packaging specifically tailored for luxury cosmetic and perfume brands. The group operates a "fabless" business model, leveraging an extensive international network of certified suppliers to offer flexible, eco-friendly, and innovative designs. Its client roster includes prestigious names such as Dior, Guerlain, YSL, and Armani. Headquartered in Paris, the company has a global presence with offices in New York, Hong Kong, London, and Barcelona.

Ent. Value

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2023

2022

Other operations with PURE TRADE WORLDWIDE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
03/2020	SPARRING CAPITAL	PURE TRADE WORLDWIDE	FRANCE	Packaging & Containers
05/2015	INITIATIVE & FINANCE / ISATIS CAPITAL	PURE TRADE WORLDWIDE	FRANCE	Packaging & Containers

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue 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 PURE TRADE WORLDWIDE by AGIC CAPITAL 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.

Target: pure trade worldwide

Acquirer: agic capital