mynth
06/2022

SAFIC-ALCAN

Acquired by

EQUISTONE, IK PARTNERS, SAGARD, EMZ PARTNERS & SOCIETE GENERALE CAPITAL PARTENAIRES

FRANCE Chemicals & Materials / Specialty Chemicals EV 1b - 4b EUR

Context

The executive team of Safic-Alcan successfully organized a new Management Buyout (MBO) to reorganize its capital and reinforce management control. The transaction values the group above €1.0 billion, a significant milestone following a period of record growth. The deal marks a leadership transition, with Yann Lissillour succeeding Martial Lecat as CEO. A key feature of this transaction is the expansion of the employee shareholder base, with the goal of having over 500 employees holding equity. The financial sponsors provided a mix of equity and bond financing (obligations) to allow the management team to "re-lever" and strengthen their majority position. This structure ensures Safic-Alcan remains an independent, management-controlled entity while securing the resources for continued international development.

SAFIC-ALCAN, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.0x).

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.

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Target

Safic-Alcan is a leading independent French distributor of specialty chemicals. The company serves as a critical intermediary between global chemical manufacturers and diverse industrial sectors, including rubber, coatings, cosmetics, pharmaceuticals, and nutraceuticals. Operating through a network of 32 offices worldwide, Safic-Alcan provides high-performance polymers, additives, and materials, backed by a team of highly specialized sales engineers. The group’s value proposition is built on technical expertise and long-term partnerships with both principals and customers.

Ent. Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2021
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2020
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Other operations with SAFIC-ALCAN

DateAcquirerTargetCountrySectorDeal Context
SAFIC-ALCANFRANCEChemicals & Materials

Safic-Alcan is a leading independent French distributor of specialty chemicals. The company serves as a critical intermediary between global chemical manufacturers and diverse industrial sectors, including rubber, coatings, cosmetics, pharmaceuticals, and nutraceuticals. Operating through a network of 32 offices worldwide, Safic-Alcan provides high-performance polymers, additives, and materials, backed by a team of highly specialized sales engineers. The group’s value proposition is built on technical expertise and long-term partnerships with both principals and customers.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SAFIC-ALCAN by EQUISTONE / IK PARTNERS / SAGARD / EMZ PARTNERS / SOCIETE GENERALE CAPITAL PARTENAIRES are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: emz partners / ik partners / sagard / equistone / societe generale capital partenaires