Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Axcel to sell slaughterhouse equipment company Frontmatec Group
December 19, 2018

According to Finans, Axcel is preparing to sell their slaughterhouse equipment company Frontmatec Group. Frontmatec is a combination of four companies: SFK Leblanc A/S, Attec Danmark A/S, Carometec A/S and ITEC. Frontmatec reported a turnover of DKK 1.3bn and EBITDA of DKK 146.8m in 2017, corresponding to an EV/EBITDA multiple of 13.6x based on Finans’ valuation of Frontmatec at DKK 2bn.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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