Societe Technique D'Etirage De Precision SAS
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Societe Technique D'Etirage De Precision SAS - overview
Established
1980
Location
-, -, France
Primary Industry
Materials
About
Societe Technique D'Etirage De Precision SAS specializes in precision tube drawing, producing high-quality stainless steel tubes for various industrial applications. Founded in 1980 in France, Societe Technique D'Etirage De Precision SAS focuses on precision tube drawing. In April 2018, the company was fully acquired by Mannesmann AG, which aims to expand its product portfolio and sales markets. The company's headquarters are located in France.
Societe Technique D'Etirage De Precision SAS specializes in the production of high-quality stainless steel tubes tailored for diverse industrial applications. The company caters to a wide range of clients, including manufacturers seeking precision-engineered tubing solutions for automotive, aerospace, and general engineering sectors. Their offerings emphasize durability and precision, ensuring that clients receive products that meet stringent quality standards. In 2017, Societe Technique D'Etirage De Precision SAS reported a revenue of USD 11.
94 mn and an EBITDA of USD 1. 69 mn. Following its acquisition by Mannesmann AG in April 2018, Societe Technique D'Etirage De Precision SAS will focus on expanding its product offerings to better serve its growing client base. The acquisition is expected to enhance its market presence, particularly in Europe, and further integrate with Mannesmann's global operations.
Future initiatives may involve the development of new stainless steel products and exploring additional markets, aligning with Mannesmann's strategy to broaden its sales markets.
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.tubesotep.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Societe Technique D'Etirage De Precision SAS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Societe Technique D'Etirage De Precision SAS | - | ||||||||
| Buyout | Completed | Societe Technique D'Etirage De Precision SAS | - |
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