At what enterprise value was MATERIS acquired in 2006?

During the acquisition in 2006, MATERIS was valued at an enterprise value of EUR2000M.

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

The exact EV/EBITDA multiple for MATERIS was 8.51063829787234x.

When was MATERIS acquired by WENDEL?

MATERIS was acquired by WENDEL in 2006.

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

The revenue of MATERIS at the time of the deal was EUR1500M.

What was the EBITDA of MATERIS during the acquisition?

MATERIS's EBITDA during the acquisition was EUR235M.

How is the data for the MATERIS 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 MATERIS 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/sites/default/files/20.02.2006_-_wendel_signe_le_contrat_dacquisiton_de_materis.pdf

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Home Database Industry & ManufacturingMATERIS

01/2006

WENDEL takes majority stake in MATERIS

LUXEMBOURG Chemicals & Materials / Construction Materials EV 1b - 4b EUR

Context

Wendel has announced that it has entered into an agreement with LBO France to acquire a majority stake in Materis. The transaction, which involves €420 million in equity (Wendel and management), is based on an industrial platform strategy, with a continued focus on executing Materis' business development plan across its core markets and geographies. Following the transaction, Materis will have the financial flexibility to undertake acquisitions of up to €150 million over the next two to three years, using its own resources.

It is worth noting that the fund Lbo France took control of Materis through an LBO in 2003.

MATERIS, which reported an EBITDA margin of 15.7% in 2005, is valued in this transaction at an EV/EBITDA multiple of 8.5x, representing a discount to the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Materis is a leading industrial player specializing in construction materials and building solutions. The group develops and manufactures a range of technical materials for sector professionals, covering multiple complementary segments. Its activities focus on concrete admixtures, calcium aluminates, industrial mortars, decorative paints, and refractory products used in high-temperature environments. This diversified portfolio enables the company to cater to a wide range of needs, from new construction to renovation, as well as demanding industrial applications. The company leverages its strong expertise in materials chemistry and formulation, with a performance-driven approach emphasizing product durability and resistance. Materis operates multiple production sites and technical centers, facilitating the development of tailored solutions that meet local constraints and building market standards. With a presence in numerous countries, the group serves a customer base primarily comprising professionals, including industrial companies, construction firms, and specialized distributors. Materis' business model is built on proximity to local markets, adapting formulations to regional needs, and providing technical support to users on-site. This multi-disciplinary approach allows the company to intervene across the entire construction materials value chain, delivering comprehensive solutions to its customers.

Ent. Value

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2000M EUR

Equity Value

Multiples

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EV / Revenue

1.3x

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EV / EBITDA

8.5x

EV / EBIT

Historical Financials (EUR)

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Year

Rev

EBITDA

EBIT

2005

1500M

235M

2004

Other operations with MATERIS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
09/2003	LBO FRANCE	MATERIS	LUXEMBOURG	Construction Materials

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 150M - 250M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MATERIS by WENDEL 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.

Press release: view release

Acquirer: wendel