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M&A

SULO

Acquired by

LATOUR CAPITAL

FRANCE Utilities (Regulated Infrastructure) EV [500m EUR - 1b EUR] 03/2025

Target

SULO

Acquirer

LATOUR CAPITAL

Context

Sulo, the European leader in waste containers and compactors, has initiated a secondary LBO with its existing shareholder, Latour Capital. After a previously planned divestment to One Rock Capital in early 2024 did not materialize, Latour Capital opted to reinvest in the company via its fourth flagship fund and a dedicated co-investment vehicle involving roughly ten Limited Partners (LPs).

SULO, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGINcurrently observed in the Energy & Utilities sector.

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

Headquartered in the Île-de-France region, Sulo is a European leader in the manufacturing and management of waste collection solutions. The company’s business model is centered on the production of a wide range of waste containers, including traditional bins, sorting bins, and advanced waste compactors. Beyond manufacturing, the organization provides essential hardware that facilitates the circular economy, serving both municipal authorities and private waste management operators. Its value proposition lies in the durability and technical integration of its products, which are designed to optimize waste collection logistics and improve urban recycling rates. Founded as a historical industrial player, the company has evolved into a strategic partner for cities seeking to modernize their environmental infrastructure, leveraging a broad distribution network across Europe to maintain its market-leading position.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2024
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2023
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Other operations with SULO

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.