mynth
← DATABASE
03/2024

ROBUR INDUSTRY SERVICE acquired by SPIE

GERMANY Industrial Services / Multi-technical Installation EV 300M - 700M EUR

Context

The acquisition of ROBUR Industry Service Group marks a transformative expansion for the group’s operations in the German market, the largest industrial services landscape in Europe. This strategic move allows the organization to establish a dominant position in the German industrial services sector, a segment where it previously maintained a limited presence. The rationale focuses on enriching the existing service portfolio with advanced capabilities in automation, robotics, and electrification, directly addressing the growing demand for industrial decarbonization. Furthermore, the transaction provides an entry point into the high-growth wind energy maintenance market, reinforcing the group's standing as a key enabler of the energy transition.

ROBUR INDUSTRY SERVICE, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.6x).

-> Deep-dive in Business Services market trends

Target

ROBUR Industry Service Group is a prominent industrial services provider specializing in high-end technical solutions across the entire industrial value chain. The organization offers a comprehensive range of services including engineering, installation, commissioning, and specialized maintenance for industrial processes and transformation. Its value proposition is built on expertise in automation, robotics, and electrification, which constitute the majority of its operations. Additionally, the entity is a technical pioneer in the maintenance of both offshore and onshore wind turbines, supporting the renewable energy sector with specialized field services. The firm’s strategy follows a "follow-the-client" approach, ensuring long-term partnerships with a diversified portfolio of blue-chip industrial companies. By focusing on the decarbonization of industrial processes and the transition of the energy mix, the organization plays a critical role in the modernization of the European manufacturing landscape. The entity operates through a decentralized structure of highly qualified technical teams across Europe and the Americas.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
05/2024ADMIRAL ACQUISITION LIMITEDACUREN CORPORATIONUNITED STATESTIC (Testing, Inspection, Certification)
04/2024DELMAS INVESTISSEMENTS ET PARTICIPATIONSACCES INDUSTRIEFRANCEEquipment Rental
03/2024ALSYORK ANALYTICAL LABORATORIESUNITED STATESTIC (Testing, Inspection, Certification)
03/2024ANDERA PARTNERSGROUPE ADFFRANCEMulti-technical Installation
03/2024BOELS RENTALRIWALNETHERLANDSEquipment Rental
01/2024ARDIANVULCAIN INGENIERIEFRANCEEngineering & Consulting
10/2023GCA - GROUPE CHARLES ANDREGROUPE AUTAAFRANCEEquipment Rental
08/2023UL SOLUTIONSCERE (CERTIFICATION ENTITY FOR RENEWABLE ENERGIES)SPAINTIC (Testing, Inspection, Certification)
08/2023VINCI ENERGIESINPROCONSWEDENMulti-technical Installation
07/2023SER CAPITAL PARTNERSCHARAH SOLUTIONSUNITED STATESTIC (Testing, Inspection, Certification)

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ROBUR INDUSTRY SERVICE by SPIE 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.