At what enterprise value was ROUTIN acquired in 2019?

You can find the full valuation details of ROUTIN on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the AgriFood industry currently tracks an average EBITDA multiple of 10.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ROUTIN when it was acquired by SEVEN2 / UI INVESTISSEMENT / CREDIT MUTUEL EQUITY?

The exact EV/EBITDA multiple for ROUTIN is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.5x. Join our community for free to access full valuation data and industry trends.

What was the revenue of ROUTIN at the time of the deal?

The revenue of ROUTIN at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ROUTIN during the acquisition?

ROUTIN's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ROUTIN 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 ROUTIN 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.lesechos.fr/pme-regions/auvergne-rhone-alpes/boissons-le-fonds-apax-partners-emporte-les-sirops-routin-1155230

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Home Database AgriFoodROUTIN

10/2019

ROUTIN acquired by SEVEN2, UI INVESTISSEMENT & CREDIT MUTUEL EQUITY

FRANCE Food Processing / Beverages REV 50M - 100M EUR

Context

Apax Partners Development acquired a majority stake in Routin following a competitive auction process managed by Transaction R. The transaction marked the exit of Credit Mutuel Equity as the majority shareholder, though they reinvested significantly to remain as a minority partner. The new investment cycle aims to leverage the international success of the "1883" brand in the coffee and cocktail markets.

ROUTIN, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.5x).

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.

-> Deep-dive in AgriFood market trends

Target

Founded in 1883 in the French Alps, Routin is a leading manufacturer of high-quality syrups and beverage concentrates. The group operates through two main pillars: its premium brand "1883," dedicated to the international "Barmen & Barista" professional market (exported to over 80 countries), and its retail business through the brand "Fruiss" and extensive Private Label (MDD) manufacturing. Additionally, the group manages the Oasis syrup license. Known for its aromatic expertise and pure Alpine water sourcing, Routin serves both high-end hospitality venues and large-scale retail distribution networks.

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Other operations with ROUTIN

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
03/2024	ARGOS WITYU	ROUTIN	FRANCE	Food Processing	Argos Wityu has acquired a majority stake in Groupe Routin from the private equity firm Seven2 (formerly Apax Partners). The transaction is the first investment in France for the "Argos Climate Action" fund. Existing minority shareholders Credit Mutuel Equity and UI Investissement, along with the management, have reinvested alongside Argos. The strategic plan focuses on international expansion (particularly in the US) combined with a radical environmental transition: reducing CO2 emissions by 7.5% annually, preserving water resources, and increasing the use of natural ingredients.
02/2023	ROUTIN	CAPPUCCINE	UNITED STATES	Food Processing	Routin-1883 acquired 100% of Cappuccine to accelerate its footprint in the North American market, the world's largest for coffee shops and mixology. This acquisition marks Routin's third external growth operation since Apax's entry in 2019 (following Eyguebelle and Artonic). The deal was financed through a mix of equity and debt (LCL, Credit Agricole). By integrating Cappuccine's powdered mix expertise, Routin diversifies its product portfolio to offer a complete "one-stop-shop" solution for coffee chains and the Foodservice industry globally.

REFERENCES

Revenue range: 50M - 100M EUR

EBITDA 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 ROUTIN by SEVEN2 / UI INVESTISSEMENT / CREDIT MUTUEL EQUITY 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).

Acquirer: credit mutuel equity / ui investissement / seven2