Industries et Finances nets 4.5x return in Caterine group sale

The sale allowed Industries et Finance to reap a 4.5x money multiple.

Founded in 2006, Caterine Restauration is the result of the merger between six businesses specialised in the preparation of meals off-site and has a presence in the west, southwest and central France.

Since 2006, the company's revenue has registered an average annual growth rate of 7%, while the EBIT increased from 8% to 11% in the same period. Last year the group reported a €42m turnover and forecasts this figure to grow to €47m in 2010.

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• Topics
• Exits
• France
• Industrials
• France
• Trade sale