April 2026
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Largest Paper & Forest Products Public Companies in France
Benchmark revenue and EBITDA valuation multiples for public comps like
Exacompta Clairefontaine, Moulinvest, Cogra 48, Rougier and EO2.
 | Exacompta - Clairefontaine SA is a France-based manufacturer of paper products, stationery, and office supplies. The group’s operating segments are Paper and Processing. The paper segment includes the production, finishing, and formatting of the paper. The processing segment includes the manufacture of stationery, office and filing items, and digital photos. The company's primary brand names include Exacompta and Clairefontaine. The Exacompta brand offers a portfolio of record books, notebooks, copy pads, record cards, computer paper, pocket diaries, and filing products, whereas exercise books, school paper, envelopes, and copier paper are marketed under the Clairefontaine brand and manufactured by the Papeteries de Clairefontaine subsidiary. | $188 | +3% | $212M | $209M | 0.2x | 1.9x | ||
| Moulinvest is engaged in the production and sales of wood products. | $27 | +52% | $82M | $86M | 0.8x | 4.2x | ||
| Cogra 48 is engaged in manufacturing of wood pellets in France. | $9 | +42% | $30M | $32M | 0.8x | (17.2x) | ||
| Rougier is a France-based producer of wood. The company is engaged in selling logs, sawn timber and plywood. It has two core activities: Natural forests; and Importation and distribution on the French market. Natural forests segment is engaged in forest logging, industrial processing and international trade in tropical timber through Rougier Afrique International and its subsidiaries. | $17 | -13% | $18M | $34M | 0.3x | 2.4x | ||
| EO2 SA designs, produces, operates and distributes a range of wood heating products under the EO2 and PIKS brands, including bagged wood pellets, pallets and bulk. | $3 | -12% | $8M | $16M | 0.5x | 4.0x | ||
| Median | $17 | +3% | $30M | $34M | 0.5x | 2.4x |
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