TOURNAIRE acquired by MOTION EQUITY PARTNERS
Context
Motion Equity Partners acquired a majority stake in Tournaire alongside the founding family to accelerate the group's global development and industrial modernization. The strategic rationale is built on two pillars: geographical expansion into new high-growth markets and the capitalization on the environmental trend favoring aluminum as a sustainable, recyclable alternative to plastic packaging. Motion intends to leverage Tournaire's unique product range to capture market share in the pharmaceutical and fine chemical sectors while implementing an ambitious buy-and-build strategy to consolidate the specialized technical packaging market in Europe and North America.
TOURNAIRE, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
Founded in 1833 and based in Grasse, the world s perfume capital, Tournaire is a historic leader in the design and manufacture of high-performance Corporate packaging. The group specializes in technical solutions for sampling, storing, and transporting high-value raw materials such as essential oils, active pharmaceutical ingredients (APIs), flavors, and fine chemicals. Tournaire is globally recognized for its expertise in aluminum processing and barrier technology, offering products that meet the most stringent UN-certified safety standards. Serving over 900 clients across resilient industries, the group positions itself as a strategic partner for companies requiring high-purity and tamper-proof packaging for sensitive materials.
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 50M - 100M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: tournaire
Acquirer: motion equity partners