At what enterprise value was EUROPEAN BAKERY GROUP acquired in 2021?

You can find the full valuation details of EUROPEAN BAKERY GROUP on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the AgriFood industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of EUROPEAN BAKERY GROUP when it was acquired by 3I?

The exact EV/EBITDA multiple for EUROPEAN BAKERY GROUP is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was EUROPEAN BAKERY GROUP acquired by 3I?

EUROPEAN BAKERY GROUP was acquired by 3I in 2021.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the EUROPEAN BAKERY GROUP acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the EUROPEAN BAKERY GROUP deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.3i.com/media/news/2021/3i-invests-in-dutch-bakery-to-accelerate-international-growth/

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Home Database AgriFoodEUROPEAN BAKERY GROUP

09/2021

3I takes majority stake in EUROPEAN BAKERY GROUP

NETHERLANDS Food Processing / Food Products / Bakery / Pastry REV 100m EUR - 500m EUR

Context

3i Group has invested in Dutch Bakery, a bakery group specialized in home bake-off bread and snack products, to support the company's international growth strategy in the fragmented European private label market for bake-off products. The investment by 3i Group will enable Dutch Bakery to strengthen its leading position in the Dutch market and expand its activities internationally. The company's growth strategy will be based on a combination of organic growth and external development, including targeted acquisitions. 3i Group will provide its expertise and support to the management team of Dutch Bakery to help the company reach its full potential and achieve its growth objectives.

It is worth noting that the fund Egeria took control of European Bakery Group through an LBO in 2017.

EUROPEAN BAKERY GROUP, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in AgriFood market trends

Target

European Bakery Group (ex Dutch Bakery) is the Netherlands market leader in bake-off bread and bread-based snacks. Founded in 1936, the company has several bakeries across the Netherlands and employs around 400 people. Dutch Bakery is specialized in consumer bake-off bread, and it annually bakes nearly a billion rolls, including mini-baguettes, Kaiser buns, croissants, baguette, sausage rolls, and pastry with sausage filling. The company's products are sold to major supermarket organisations both in the Netherlands and abroad. Dutch Bakery is known for its wide range of high-quality products and continues to develop and grow in the market.

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Other operations with EUROPEAN BAKERY GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
05/2023	EUROPEAN BAKERY GROUP	COOLBACK	GERMANY	Food Processing	3i Group plc continues the development of its European bakery platform through the combination of Dutch Bakery and coolback. Dutch Bakery is a leading producer of private-label bake-off bread and snack products, serving retail and foodservice customers across European markets
10/2017	EGERIA	EUROPEAN BAKERY GROUP	NETHERLANDS	Food Processing	Egeria acquires a majority stake in Dutch Bakery, the Netherlands market leader in bake-off bread and bread-based snacks. This transaction will enable Dutch Bakery to benefit from Egeria's experience and international network, as well as its financial firepower to support further growth

REFERENCES

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: european bakery group

Acquirer: 3i