12.04.2021
Artikel Nummer: 35987
Liquor specialist for sale?
According to press reports from Reuters, the German liquor logistics group JF Hillebrand is being prepared for sale by its Belgian private equity owner that began to invest in 2016.
The investor Cobepa, a company with a net worth of EUR 2.7 billion founded in 1957, is expected to mandate a sellside advisor in the months to come.
Both industries - logistics companies and private equity firms – are likely be interested in the group due to the current boom. The deal may set the company's value at EUR 1.5 billion.
JF Hillebrand has annual revenue of EUR 1.4 billion, an ebitda of EUR 100 to 120 million, ships 625,000 teu per year, serves 25,000 companies and employs a workforce of 2,700. (sh)