BISCUIT INTERNATIONAL acquired by PLATINUM EQUITY
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 [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a discount to the average currently observed in the AgriFood sector (11.0x).
-> 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
€500M–1.5bn
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
10x–18x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with BISCUIT INTERNATIONAL
Other operations with BISCUIT INTERNATIONAL
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2021 | BISCUIT INTERNATIONAL | CONTINENTAL BAKERIES | NETHERLANDS | Food Products |
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REFERENCES
Valuation range: EV €500M–1.5bn
Revenue range: €450–900M
EBITDA range: €50–100M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 10x - 18x
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