At what enterprise value was BOORTMALT acquired in 2017?

You can find the full valuation details of BOORTMALT 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 10.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BOORTMALT when it was acquired by TEMASEK / UNIGRAINS / TEREOS?

The exact EV/EBITDA multiple for BOORTMALT is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.2x. Join our community for free to access full valuation data and industry trends.

When was BOORTMALT acquired by TEMASEK / UNIGRAINS / TEREOS?

BOORTMALT was acquired by TEMASEK / UNIGRAINS / TEREOS in 2017.

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

The revenue of BOORTMALT at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 BOORTMALT 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 BOORTMALT 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/capital-developpement/temasek-unigrains-et-tereos-confient-150-m-a-axereal-pour-developper-sa-filiale-belge-boormalt-116229

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Home Database AgriFoodBOORTMALT

07/2017

BOORTMALT acquired by TEMASEK, UNIGRAINS & TEREOS

BELGIUM Food Processing / Ingredients REV 250M - 500M EUR

Context

Axéréal has completed a €150 million capital increase for its subsidiary Boortmalt. The funding was provided by an international consortium including Singaporean sovereign wealth fund Temasek, agri-food specialist Unigrains, and the cooperative group Tereos. While Axéréal remains the majority shareholder through its cooperative members, this fresh capital is earmarked for international development beyond its European stronghold. The primary strategic goal is to establish production zones in Africa and Asia to follow the global growth of the brewing industry. This transaction highlights the attractiveness of the malting industry, characterized by high barriers to entry and strong demand from emerging markets.

BOORTMALT, which reported an EBITDA margin of LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.2x).

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

Boortmalt is a world-leading malting company and a key subsidiary of the French agricultural cooperative Axéréal. It produces approximately 1.1 million tonnes of malt annually, supplying global breweries and distilleries—the equivalent of 28 million liters of beer produced daily. Ranked 5th globally at the time of the deal, Boortmalt operates 10 malting plants across Europe (France, Belgium, Croatia, Hungary, UK, and Ireland). Its strategic hub in Antwerp facilitates the export of 50% of its production to emerging markets.

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Similar deals in AgriFood

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
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01/2017	MADEMOISELLE DESSERTS	MINISTRY OF CAKE	UNITED KINGDOM	Food Processing	LDC has exited its investment in Ministry of Cake through a sale to the French group Mademoiselle Desserts. The transaction creates a dessert giant with unrivaled production capabilities in the UK foodservice market
11/2016	CHARTERHOUSE	CASA OPTIMA	ITALY	Food Processing	Charterhouse Capital Partners acquires Optima / Mec3, a global leader in artisanal ice cream ingredients with a 12% market share, in a deal valued at an estimated EUR400 million, outbidding Permira, Cinven, Carlyle, and Froneri (Nestle/R&R)
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10/2016	MEANINGS CAPITAL PARTNERS	COMPAGNIE COLONIALE	FRANCE	Food Processing	Meeschaert Capital (now Meanings Capital Partners) entered Compagnie Coloniale’s capital through a minority growth‑equity investment of EUR 1 million, providing “new money” to support the company’s commercial redeployment and international expansion
09/2016	AMPLIFY SNACK BRANDS	TYRRELLS	UNITED KINGDOM	Food Processing	Investcorp has agreed to sell Tyrrells to the US-based Amplify Snack Brands. This exit marks the culmination of a highly successful three-year holding period for Investcorp, during which sales and EBITDA more than doubled

REFERENCES

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BOORTMALT by TEMASEK / UNIGRAINS / TEREOS 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: tereos / temasek / unigrains