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02/2014100%

Casa Optima acquired by Riverside

ITALY Food Processing / Ingredients EV €100–350M

Context

The Riverside Company acquired Optima / Mec3, a leading developer, manufacturer, and marketer of ingredients for gelato, pastry, and other foods. Riverside aims to support management, drive global growth, and invest in R&D to maintain Mec3's reputation for innovation. The founder expressed confidence in Riverside's ability to build on Mec3's 30-year legacy and Italian heritage. Riverside emphasized the company's unique position in the growing global market for high-quality artisanal gelato.

Casa Optima, which reported an EBITDA margin of [members only] in 2013, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, to compare with the average currently observed in the AgriFood sector (11.5x in 2026).

-> 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

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2013
€100–200M
€5–25M
[members only]
2012
€100–200M
€5–25M
[members only]

Other operations with Casa Optima

Other operations with Casa Optima
DateAcquirerTargetCountrySector
09/2025ADIACASA OPTIMAITALYIngredients
11/2017CASA OPTIMAMODECOR ITALIANAITALYIngredients
11/2016CHARTERHOUSECASA OPTIMAITALYIngredients

Similar deals in Food Processing

Similar deals in Food Processing
DateAcquirerTargetCountrySector
04/201421 INVESTFORNO D’ASOLOITALYBakery / Pastry
03/2014CHARTERHOUSENUOVA CASTELLIITALYDairy
02/2014SOLINA GROUPSFK FOODDENMARKIngredients
12/2013DANTE BIGI S.R.L.GRUPPO ALIVALITALYDairy
11/2013FRUTAROMPTI (PROTEIN TECHNOLOGIES INGREDIENTS GROUP)RUSSIAIngredients
11/2013EQUISTONEMADEMOISELLE DESSERTSFRANCEBakery / Pastry
09/2013EQUISTONECHARLES & ALICEFRANCEFood Products
08/2013INVESTCORPTYRRELLSUNITED KINGDOMFood Products
07/2013ARTÉMISMICHEL ET AUGUSTINFRANCEFood Products
07/2011IK PARTNERSSOLINA GROUPFRANCEIngredients

REFERENCES

Valuation range: EV €100–350M

Revenue range: €100–200M

EBITDA range: €5–25M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

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 Riverside 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: riverside

FAQ

What transaction does this page cover?

This page covers Riverside’s acquisition of 100% of Casa Optima, an Italian company specialised in Ingredients, in 2014. Ownership has since evolved, leading to a subsequent transaction with Charterhouse in November 2016 (see the dedicated deal page for details).

How was the acquisition of Casa Optima by Riverside valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €100–350M band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Casa Optima’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Casa Optima generated annual revenue estimated in the €100–200M range and EBITDA in the €5–25M bracket (FY 2013). Detailed financial figures are available to members.

How does the valuation of Casa Optima compare to benchmarks in the AgriFood sector?

With an estimated valuation multiple in the range of 5x - 12x in 2014, the transaction reflects historical valuation standards. By way of comparison, in 2026 companies in the AgriFood sector are valued at a multiple of 11.5x EBITDA.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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