At what enterprise value was SULO acquired in 2025?

During the acquisition of SULO by LATOUR CAPITAL in 2025, 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 500M - 1.5b 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 SULO when it was acquired by LATOUR CAPITAL?

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

When was SULO acquired by LATOUR CAPITAL?

SULO was acquired by LATOUR CAPITAL in 2025.

What was the revenue of SULO at the time of the deal?

The revenue of SULO at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SULO during the acquisition?

SULO's EBITDA is estimated to be in the range of 50M - 100M 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 SULO 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 SULO 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://capitalfinance.lesechos.fr/deals/lbo/sulo-repart-avec-latour-capital-pour-plus-de-600-meur-2156588

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Home DatabaseSULO

03/2025

SULO acquired by LATOUR CAPITAL

FRANCE Utilities (Regulated Infrastructure) / Waste Management / Collection & Recycling EV 500M - 1.5b EUR

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 in 2024, is valued in this transaction at an EV/EBITDA multiple of .

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

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2024

2023

Similar deals in Utilities (Regulated Infrastructure)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2025	CAPZA	DI ENVIRONNEMENT	FRANCE	Hazardous Waste
06/2025	SECHE ENVIRONNEMENT	GROUPE FLAMME	FRANCE	Waste Management
03/2025	ITELYUM	SPECIALACQUE AND SPECIALSPURGHI	ITALY	Waste Management
02/2025	IRETI	IREN ACQUA	ITALY	Water
06/2024	SECHE ENVIRONNEMENT	ECO CORPORATE ENVIRONMENTAL ENGINEERING (ECO)	SINGAPORE	Hazardous Waste
06/2024	VEOLIA	ENVIROPACIFIC	AUSTRALIA	Hazardous Waste
09/2023	TPG	A-GAS	UNITED KINGDOM	Hazardous Waste
09/2023	EURAZEO	2B SERVICES & INNOVATIONS	FRANCE	Waste Management
08/2021	STIRLING SQUARE CAPITAL / DEUTSCHE BETEILIGUNGS (DBAG)	ITELYUM	ITALY	Waste Management
06/2021	PLATINUM EQUITY	URBASER	SPAIN	Waste Management

REFERENCES

Valuation range: EV 500M - 1.5b 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 SULO by LATOUR CAPITAL 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: latour capital