At what enterprise value was ROYAL BOSKALIS WESTMINSTER acquired in 2022?

During the acquisition of ROYAL BOSKALIS WESTMINSTER by HAL HOLDING in 2022, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA.

What was the EV/EBITDA of ROYAL BOSKALIS WESTMINSTER when it was acquired by HAL HOLDING?

The estimated EV/EBITDA multiple for ROYAL BOSKALIS WESTMINSTER is in the range of 5x - 12x. Join our community for free to access full valuation data and industry trends.

When was ROYAL BOSKALIS WESTMINSTER acquired by HAL HOLDING?

ROYAL BOSKALIS WESTMINSTER was acquired by HAL HOLDING in 2022.

What was the revenue of ROYAL BOSKALIS WESTMINSTER at the time of the deal?

The revenue of ROYAL BOSKALIS WESTMINSTER at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ROYAL BOSKALIS WESTMINSTER during the acquisition?

ROYAL BOSKALIS WESTMINSTER's EBITDA is estimated to be in the range of 250M - 500M 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 ROYAL BOSKALIS WESTMINSTER 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 ROYAL BOSKALIS WESTMINSTER 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://boskalis.com/media/yjdfpuo4/01-boskalis-delisting-announcement-eng-11102022.pdf

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11/2022

ROYAL BOSKALIS WESTMINSTER acquired by HAL HOLDING

NETHERLANDS Construction / Public Works EV 3b - 100b EUR

Context

HAL Holding, the target's long-standing anchor investor since 1989, has successfully finalized the acquisition of 100% of the common stock of Royal Boskalis Westminster. This transformative transaction marks the end of the organization’s 51-year public listing on Euronext Amsterdam, transitioning the entity into a private subsidiary under the acquirer’s industrial portfolio. The strategic rationale for the move centers on providing a stable, private environment for the target to navigate the high-stakes, capital-intensive transition of the global maritime and offshore energy sectors. By removing the organization from public market volatility, the acquirer aims to foster long-term investments in specialized naval assets and digital maritime technologies. The partnership is designed to optimize the target’s role within the group's broader maritime ecosystem, which includes significant interests in terminal operations, offshore engineering, and specialized shipping. This integration reinforces the group’s standing as a primary consolidator of Dutch maritime excellence, providing the strategic depth required to solve complex global water and energy challenges. The transaction was executed via an all-cash public offer, resulting in a successful delisting and full operational alignment between the two organizations.

ROYAL BOSKALIS WESTMINSTER, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN.

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.

Target

Royal Boskalis Westminster is a premier global technology organization specializing in dredging, maritime infrastructure, and offshore energy services. The entity’s business model is built on providing mission-critical solutions for the preservation and development of coastal and port environments, as well as complex subsea construction for the global energy transition. Its value proposition is centered on technical durability and high-precision maritime engineering, operating as a primary technical partner for governments and industrial energy developers. Strategically, the firm focuses on technical operational depth across the entire maritime lifecycle, including heavy lifting, subsea installation, and world-leading emergency salvage operations. By integrating specialized naval hardware with advanced geotechnical expertise, the organization facilitates large-scale global trade and renewable energy infrastructure. The organization maintains a leading position in managing rising sea levels and coastal protection through industrialized hydraulic engineering and environmental restoration.

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2020

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REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ROYAL BOSKALIS WESTMINSTER by HAL HOLDING 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).