ALPRO has been 100% owned by DEAN FOODS since July 2009.

At what enterprise value was ALPRO acquired in 2009?

During the acquisition of ALPRO by DEAN FOODS in 2009, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

What was the EV/EBITDA of ALPRO when it was acquired by DEAN FOODS?

The estimated EV/EBITDA multiple for ALPRO is in the range of 10x - 18x.

When was ALPRO acquired by DEAN FOODS?

ALPRO was acquired by DEAN FOODS in 2009.

What was the revenue of ALPRO at the time of the deal?

The revenue of ALPRO at the time of the deal is estimated to be in the range of 250M - 500M EUR.

What was the EBITDA of ALPRO during the acquisition?

ALPRO's EBITDA is estimated to be in the range of 10M - 30M EUR.

How is the data for the ALPRO 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 ALPRO 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.foodingredientsfirst.com/news/dean-foods-completes-acquisition-of-alpro.html

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodALPRO

07/2009

ALPRO acquired by DEAN FOODS

BELGIUM Food Processing / Food Products / Dairy EV 300M - 700M EUR

Context

Dean Foods completed its purchase of Alpro from the Belgian group Vandemoortele on 6 July 2009, bringing the European soy drinks and foods business alongside Silk, its soy brand in North America. The perimeter included Alpro's five manufacturing sites in Belgium, the United Kingdom, France and the Netherlands and about 750 employees. Dean Foods paid for the acquisition by drawing on its existing revolving credit facility and ruled out raising new equity to fund it. It expected the deal to add modestly to its 2009 earnings, excluding transaction costs, and kept its target of bringing leverage below 3.5 times funded debt to EBITDA, as defined in its bank agreement.

ALPRO, which reported an EBITDA margin of in 2008, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Alpro supplies grocery retailers and foodservice operators with plant-based drinks and foods, sold under the Alpro soya and Provamel brands. Its range covers soy-based beverages and desserts, yoghurt alternatives, cream and cuisine products, and drinks made from oats, almonds, rice, coconut and hazelnuts. The company runs its own production, with manufacturing sites in Belgium, the United Kingdom, France and the Netherlands, and its products are distributed across Europe. Alpro was founded in Belgium, where its operations are headquartered.

Ent. Value

Equity Value

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Historical Financials (EUR)

Year

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2008

2007

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ALPRO by DEAN FOODS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: alpro

Acquirer: dean foods