HBI Deals+Insights / M&A/IPOs

Cinven scoops Labco at silly price

Private equity house Cinven is to buy Labco for an enterprise value of just €1.2bn. The news came two weeks after Labco’s IPO failed. We reflect here on the EBITDA multiple and at what this means for the rationalisation of the European market.

We would welcome your thoughts on this story. Email your views to Max Hotopf or call 0207 183 3779.