M&A Transaction Multiples - HBL Holding

Epsilon Research is an independent research and financial analysis bureau, and the reference source of transaction multiples for the valuation of private companies through its EMAT database.

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This report is accessible on EMAT, the reference database for private company acquisition multiples

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EPSILON M&A DEAL REPORT

Transaction Multiples for the Valuation of Private Companies

Mechel OAO / HBL Holding

No EMAT : 20867

Announced Date : 03/09/2008

Type : Acquisition of Majority Stake

Deal Value : Yes

Acquirer : Mechel OAO

Target : HBL Holding

Country : Germany

Sector of activity :

Retail and Wholesale ('R&W') > Trading
Metals > Aluminium
Metals > Nonferrous Metals
Metals > Steel

Business Description :

Founded in 1976, HBL Holding GmbH engages in the trading and distribution of steel, stainless steel and aluminum products, and non-ferrous metals primarily in North Rhine-Westphalia, Bremen, and the...

Transaction multiples available

	EV/ Sales	EV/ Gross Profit	EV/ EBITDA	EV/ EBIT	Eq/ PBT	P/E	Price to Book	Specific multiple(s)
Historic		-						-
Current	-	-	-	-	-	-

Rating :

	Multiple available
n.s.	Multiple calculated, but not significant

Source: Epsilon Research / EMAT

Comparable Transactions

Number of EMAT Reports / sub-sector « Trading » = 16
Number of EMAT Reports / sub-sector « Aluminium » = 8
Number of EMAT Reports / sub-sector « Nonferrous Metals » = 7
Number of EMAT Reports / sub-sector « Steel » = 27

Example of comparable transactions on EMAT (same sub-sector):

23/04/2008

Outokumpu Oyj

SoGePar

Italy

20868

25/06/2008

European Metal Recycling

T Holloway & Sons (Metals)

England

21753

Source: Epsilon Research / EMAT