ROUTIN acquired by SEVEN2, UI INVESTISSEMENT & CREDIT MUTUEL EQUITY
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)
Other operations with ROUTIN
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 03/2024 | ARGOS WITYU | ROUTIN | FRANCE | Beverages |
| 02/2023 | ROUTIN | CAPPUCCINE | UNITED STATES | Soft 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