Carlyle Group has hired investment bank Natixis to explore a sale of its stake in French medical equipment company Groupe Marle, according to people familiar with the process.

Marle posted around €24 million in earnings before interest, taxes, depreciation and amortisation for the fiscal year ending September 30 and looks set to record €30 million in Ebitda this fiscal year, the people said. A potential sale of the business could value the company at around €300 million, based on average price multiples of nine- to 10-times Ebidta for deals in the medical equipment industry, they said.