At what enterprise value was BERNI acquired in 2022?

You can find the full valuation details of BERNI 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 10.7x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BERNI when it was acquired by GROUPE ALLIANCE?

The exact EV/EBITDA multiple for BERNI is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.7x. Join our community for free to access full valuation data and industry trends.

When was BERNI acquired by GROUPE ALLIANCE?

BERNI was acquired by GROUPE ALLIANCE in 2022.

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

The revenue of BERNI at the time of the deal is estimated to be in the range of 10M - 30M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of BERNI during the acquisition?

BERNI's EBITDA is estimated to be in the range of 0M - 5M EUR. Join our community for free to access complete and exact deal data.

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 BERNI 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 BERNI 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://capitalfinance.lesechos.fr/deals/sortie/groupe-alliance-avale-les-charcuteries-berni-1398952

← DATABASE

Home Database AgriFoodBERNI

04/2022

BERNI acquired by GROUPE ALLIANCE

FRANCE Food Processing / Food Products / Meat & Cured Meat REV 10M - 30M EUR

Context

Groupe Alliance acquired 100% of the equity in Berni from the owner family and its historical financial partner, Credit Mutuel Equity. The deal resolves a succession issue, as there was no third generation of the family to take over. Credit Mutuel Equity had backed the company since the late 1980s through three successive buyouts (1997, 2003, 2008). This acquisition allows Groupe Alliance to diversify its product portfolio into value-added cured meats.

BERNI, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (10.7x).

-> Deep-dive in AgriFood market trends

Target

Based in the Lorraine region of France, Berni is a historic manufacturer of dry cured meats. The company specializes in slicing and packaging charcuterie products such as chorizo, bacon, salami, and coppa, often serving as ingredients for pizzas or sandwiches. The company grew significantly, reaching EUR30 million in revenue in 2021.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2021

2020

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2022	PREMIER FOODS	THE SPICE TAILOR	UNITED KINGDOM	Food Products
07/2022	WATERLAND	ONORE	FRANCE	Food Products
04/2022	ADVENT INTERNATIONAL	IRCA	ITALY	Ingredients
04/2022	CREDIT MUTUEL EQUITY	ADIAL	FRANCE	Food Processing
03/2022	HILTON FOOD GROUP	DUTCH SEAFOOD COMPANY	NETHERLANDS	Food Products
02/2022	KKR	REFRESCO	NETHERLANDS	Beverages
01/2022	BENSON HILL	ZFS CRESTON	UNITED STATES	Ingredients
01/2022	HIGHLAND EUROPE / MANAGEMENT & PRIVATE INVESTORS	HUEL	UNITED KINGDOM	Food Products
01/2022	MONSTER BEVERAGE CORPORATION	CANARCHY CRAFT BREWERY	UNITED STATES	Wines & Spirits
12/2021	LUCAS BOLS COMPANY	TEQUILA PARTIDA	UNITED STATES	Wines & Spirits

REFERENCES

Revenue range: 10M - 30M EUR

EBITDA range: 0M - 5M EUR

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