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11/2016

CASA OPTIMA acquired by CHARTERHOUSE

ITALY Food Processing / Ingredients EV 300M - 700M EUR

Context

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). Charterhouse is investing through its EUR2.3 billion Fund X, marking its third Italian deal in three years.

Previously, Casa Optima had been acquired in an LBO by Riverside in 2014.

CASA OPTIMA, which reported an EBITDA margin of in 2016, 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

Casa Optima is the global market leader in premium ingredients for artisanal gelato, pastry, and specialized beverage concepts. Headquartered in Italy, the group manages an elite portfolio of complementary, high-heritage brands including Mec3, Pernigotti Maestri Gelatieri, Modecor (pastry decorations), and Giuso. Its robust business model centers on a comprehensive product and service offering, combining the formulation of complex bases, flavorings, and toppings with an international network of training centers (Optima Academy) designed to support artisanal chefs and food service chains.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2016
2015

Other operations with CASA OPTIMA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
09/2025ADIACASA OPTIMAITALYIngredients
11/2017CASA OPTIMAMODECOR ITALIANAITALYIngredients
02/2014RIVERSIDECASA OPTIMAITALYIngredients

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 10M - 30M EUR

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

Target: casa optima

Acquirer: charterhouse