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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 in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).

-> 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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2018
2017

Other operations with ROUTIN

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
03/2024ARGOS WITYUROUTINFRANCEBeverages
02/2023ROUTINCAPPUCCINEUNITED STATESSoft Drinks

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: credit mutuel equity / ui investissement / seven2