Ausnutria Dairy has finalized the acquisition of the remaining 50% stake of Amalthea, an operation designed to fundamentally reinforce its control over the global goat dairy supply chain. The strategic rationale for this transaction centers on a "vertical-securing" play, merging the target's industry-leading technical operational depth in microfiltration with the group’s dominant global distribution network for infant formula. This structural alignment provides the organization with the scientific talent and technological hardware required to optimize the production of high-value goat whey, a mission-critical ingredient that was previously subject to joint-venture supply dynamics. This operation allows the group to execute a definitive structural expansion into the specialty cheese market while simultaneously lowering the cost-basis for its formula business.

This transaction is part of the AgriFood industry, which currently tracks an average EBITDA multiple of 10.1x since the beginning of 2026, 9.8% decrease compared to 2025. 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.