Publications Advancy

Advancy acted as a strategic advisor for Lone Star Funds in the €1.0bn acquisition of Imerys Roofing Tiles Business

By 29 mai 2018 No Comments

Advancy acted as a strategic advisor for Lone Star Funds in the €1.0bn acquisition of Imerys Roofing Tiles Business

29 mai 2018 | Publications Advancy
  • On May 17 th 2018, Lone Star Funds, the US private equity group, entered into an exclusive
    negotiation to acquire 100% of Imerys Roofing Tiles Business (“Imerys Toiture”):
    – Enterprise value of €1.0bn
    – Multiple of c. 9x 2017 reported EBITDA
  •  The deal is to be completed in Q4 2018.
  • Imerys Roofing Tiles Business generated c. €300m in revenues and mostly serves the French
    construction market.
  • Advancy has accompanied Lone Star in the commercial due diligence of Imerys.