September 3, 2019

ISOVOLTA executes the strategic disposal of two non-core production facilities in France to ICM Industrie

We are happy to announce that we successfully advised Isovolta AG on the strategic sale of two production sites for the machining of insulation materials in France to ICM Industrie.

ISOVOLTA Group is part of Constantia Industries AG, a diversified Austrian family holding. Building on many years of experience in the synthesis and transformation of raw materials into highly reliable, intelligent materials, Isovolta has established a leading position in the manufacturing of electrical insulating materials, technical laminates and composites.

The Transaction
In the course of strategic re-alignment, ISOVOLTA AG disposed of two non-core assets in France to industry Leader ICM Industrie. Through the purchase of ISOVOLTA’s production facilities, ICM can further strengthen its market position in the machining of insulation materials and improve its geographic coverage.

Trends in the electrical insulation materials

The industry is expected to remain innovation-led, with players pursuing frequent acquisitions and strategic alliances to increase their industry presence. Electricity power applications dominate the electrical insulation materials market in the years ahead. Additionally, applications in e-mobility and related fields are expected to drive growth through 2024.

The worldwide market for electrical insulation materials is expected to grow at a CAGR of roughly 5.2% over the next five years. It is expected to reach USD 13.7 billion in 2024, up from USD 10.1 billion in 2019, according to a new GIR (Global Info Research) study.

International Peer Group

Insights peer Group
The international peer group consists of 15 stock-market listed companies active in the production of electric insulation materials.
Overall, profitability in the industry is high and is expected to remain stable, combined with a low level of perceived risks. The aforementioned factors lead to stable valuations at a competitive level of 7.6x EBITDA

EV/EBITDA (ntm) multiple development

Analysis of key performance parameters

Want to know more?

If you would like to learn more about the valuations and deals of your industry, the transaction mentioned above or generally our way of working, we would certainly be happy to demonstrate our m&a PLUS® principle in a confidential meeting.
Just get in touch and we will share our experience on how to grow businesses with long-lasting partnerships.

With passion for M&A,
Your SAZUN Team