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11/2020

BISCUIT INTERNATIONAL acquired by PLATINUM EQUITY

FRANCE Food Processing / Food Products EV 500M - 1.5b EUR

Context

Platinum Equity acquired a controlling stake in Biscuit International from its previous shareholders (Qualium Investissement). The transaction positions Platinum Equity to support the company's aggressive buy-and-build strategy in the fragmented European private label market. With over EUR500 million in revenue, Biscuit International serves as a scalable platform to acquire other local biscuit manufacturers across Europe, leveraging Platinum's financial resources and operational expertise.

BISCUIT INTERNATIONAL, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (10.7x).

-> Deep-dive in AgriFood market trends

Target

Headquartered in Paris, Biscuit International is a leading European manufacturer of private label sweet biscuits. The company was formed through the merger of several regional players (Groupe Poult in France, Banketgroep in Netherlands, etc.). It markets a wide range of traditional biscuits and has developed a strong portfolio of "Better-for-You" products (organic, low-calorie, sugar-free, gluten-free) to meet changing consumer habits.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
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2019
2018

Other operations with BISCUIT INTERNATIONAL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
10/2021BISCUIT INTERNATIONALCONTINENTAL BAKERIESNETHERLANDSFood Products

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

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

Acquirer: platinum equity