Luxembourg Business Valuation

Using European market practice: industry-calibrated EBITDA and revenue multiples, adjusted for size, growth, margin quality and concentration. Because most companies here earn across borders, the evidence behind multi-country revenue (contracts, currencies, governing law) carries particular weight.

Mostly international acquirers: strategics from France, Germany and Belgium, European private equity, and sector specialists. The domestic buyer pool is small, so credible sale processes are built cross-border from the start, and run in English.

Share transfers in a S.à r.l. to an outside buyer need approval from shareholders representing three quarters of the capital (reducible to half in the articles); regulated financial firms need supervisory clearance for changes of control; and the 2023 screening law covers non-EU/EEA acquisitions of control in critical sectors. All are process points that counsel plans around.

Buyers assess the customer base and the revenue it generates. Luxembourg companies typically internationalise early, and proven multi-country revenue is treated as strength. Prepare a contract register showing countries, currencies and customer concentration for buyer review.