McBride plc (« McBride » or the « Group »), the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning/hygiene markets, today announces that its Unit Dosing division has made a binding offer to the shareholders of Eurotop SAS for the acquisition of the Eurotab Group (« Eurotab »).
Overview of Eurotab
Eurotab is a leading, privately-owned specialist in the design and manufacture of solid-format cleaning and hygiene solutions, primarily serving private label and certain contract manufacturing markets. It provides precision powder compaction technology supporting a diverse tablet format-based product range, including automatic dishwasher tabs, moisture absorbing solutions and disinfecting bleach tablets. In the year to 30 June 2026, Eurotab is expected to report consolidated revenues of EUR 65 million with the majority of the revenues in Europe derived from its two specialised manufacturing sites in France. In addition, Eurotab operates a smaller business supplying the market in Turkey from its facility located near Istanbul.
Conditions to completion and expected timing
In accordance with applicable French legal requirements, the acceptance of McBride’s offer is subject to the completion of information and consultation procedures with the French employees and employee representative bodies of the Eurotab Group. Subject to the completion of those procedures, it is anticipated that the parties will enter into the final sale and purchase documentation. The transaction would also be subject to certain other conditions to completion.
It is anticipated that, if completed, the Proposed Acquisition will close between June 2026 and the end of the first quarter of the Group’s 2027 financial year.
Sycomore Corporate Finance acted as exclusive financial advisor to LBO France. The transaction team comprised François Vigne, Aurélien Singer, Malo Grosso and Jean-Marie Ferretti.
