At what enterprise value was TARKETT acquired in 2021?

During the acquisition of TARKETT by WENDEL in 2021, 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 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of TARKETT when it was acquired by WENDEL?

The estimated EV/EBITDA multiple for TARKETT is in the range of 5x - 12x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was TARKETT acquired by WENDEL?

TARKETT was acquired by WENDEL in 2021.

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

The revenue of TARKETT 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 TARKETT during the acquisition?

TARKETT'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 TARKETT 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 TARKETT 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://www.wendelgroup.com/en/wendel-partners-with-the-deconinck-family-to-acquire-the-shares-of-tarkett/

← DATABASE

Home Database Industry & ManufacturingTARKETT

04/2021

WENDEL

invests in

TARKETT

FRANCE Chemicals & Materials / Building & Interior Materials / Flooring EV 1b - 4b EUR

WENDEL invests in TARKETT

FRANCE Chemicals & Materials / Building & Interior Materials / Flooring EV 1b - 4b EUR

Context

The transaction involves Wendel and the Deconinck family forming a partnership to acquire a significant stake in Tarkett. The partnership, known as Tarkett Participation, will launch a simplified tender offer to acquire Tarkett shares at a price of €20 per share, representing a premium of 25.8% to the last closing price. The transaction is subject to certain conditions, including the receipt of regulatory approvals and the tender of a minimum number of shares. If the offer is successful, Wendel will hold up to 30% of Tarkett Participation, alongside the Deconinck family, which will maintain a controlling stake in the company.

TARKETT, which reported an EBITDA margin of LOGIN in 2020, 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 (11.1x).

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

Tarkett is a leading global manufacturer of flooring solutions, including resilient flooring, sports surfaces, and accessories. The company operates 33 industrial sites and employs approximately 12,000 people worldwide. Tarkett's product portfolio includes a wide range of flooring solutions, such as linoleum, vinyl, and rubber flooring, which are sold to various customers, including commercial and residential builders, contractors, and architects. The company's revenue is generated through a combination of wholesale and retail channels, with a significant portion of sales coming from Europe and North America. Tarkett's business model is focused on providing high-quality, innovative flooring solutions that meet the evolving needs of its customers, while also prioritizing sustainability and environmental responsibility. The company has a long history of investing in research and development, which has enabled it to stay at the forefront of the flooring industry and maintain its competitive position in the market.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2020

2019

Other operations with TARKETT

REFERENCES

Valuation range: EV 1b - 4b 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 TARKETT by WENDEL 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).

Press release: view release

Target: tarkett

Acquirer: wendel