At what enterprise value was BISCUIT INTERNATIONAL acquired in 2020?

During the acquisition of BISCUIT INTERNATIONAL by PLATINUM EQUITY in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. 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 10.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BISCUIT INTERNATIONAL when it was acquired by PLATINUM EQUITY?

The estimated EV/EBITDA multiple for BISCUIT INTERNATIONAL is in the range of 10x - 18x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.5x. Join our community for free to access full valuation data and industry trends.

When was BISCUIT INTERNATIONAL acquired by PLATINUM EQUITY?

BISCUIT INTERNATIONAL was acquired by PLATINUM EQUITY in 2020.

What was the revenue of BISCUIT INTERNATIONAL at the time of the deal?

The revenue of BISCUIT INTERNATIONAL at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of BISCUIT INTERNATIONAL during the acquisition?

BISCUIT INTERNATIONAL's EBITDA is estimated to be in the range of 50M - 100M 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 BISCUIT INTERNATIONAL 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 BISCUIT INTERNATIONAL 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.biscuitinternational.com/platinum-equity-acquires-biscuit-international/

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Home Database AgriFoodBISCUIT INTERNATIONAL

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 LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the AgriFood sector (10.5x).

Note that 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.

-> 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.

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Other operations with BISCUIT INTERNATIONAL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2021	BISCUIT INTERNATIONAL	CONTINENTAL BAKERIES	NETHERLANDS	Food Processing	Biscuit International acquired Continental Bakeries from Goldman Sachs Asset Management. This "transformational" deal allows the group to effectively double its size, increasing revenue from EUR530 million to over EUR900 million. The combined entity employs 4,500 people and operates 33 factories with a production capacity of 300,000 tons per year. The transaction was financed through a capital increase subscribed by Platinum Equity and the management team, alongside new debt facilities. The deal creates an undisputed pan-European giant with over 80% of sales generated outside France.

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: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: platinum equity