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11/2018

AROMATAGROUP acquired by AMBIENTA

ITALY Food Processing / Ingredients EV 50M - 150M EUR

Context

Ambienta SGR has acquired a majority stake in AromataGroup from its founders and management. This acquisition marks Ambienta's entry into the food ingredients sector, serving as a platform investment to consolidate the fragmented European market for natural flavours and colours. The deal capitalizes on the "Clean Label" megatrend and the shift from synthetic to natural ingredients. Ambienta plans to support the company's international expansion and product diversification through an aggressive buy-and-build strategy. The existing management team, led by Hans Udo Wenzel, reinvests in the transaction.

AROMATAGROUP, which reported an EBITDA margin of in 2017, 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

Founded in 2011, AromataGroup is a leading Italian manufacturer of natural flavours and colours for the food, beverage, pharmaceutical, and nutraceutical industries. It was formed through the aggregation of four historic Italian companies: Variati Aromi, Select Alimenta, Emans Derivati Aromatici, and Fiorio Colori. At the time of the deal, the group operated three production plants in Northern Italy, employed 120 people, and served 1,200 customers in over 50 countries.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
2016

Other operations with AROMATAGROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
01/2020AROMATAGROUPNACTIS FLAVOURSFRANCEIngredients

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 25M - 50M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AROMATAGROUP by AMBIENTA 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.

Press release: view release

Acquirer: ambienta