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01/2025

DELAFRUIT acquired by ANDROS

SPAIN Food Processing / Beverages / Soft Drinks EV 100M - 350M EUR

Context

Andros has signed an agreement to acquire 100% of Delafruit from the Spanish private equity firm ProA Capital. This strategic acquisition expands Andros' industrial footprint in Spain, adding a specialized facility in Tarragona to its existing plants in Cantabria and Granada. Under ProA Capital's ownership, Delafruit was spun off from Go Fruselva and diversified its portfolio beyond baby food into sports nutrition and adult snacking.

DELAFRUIT, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.8x).

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.

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Target

Delafruit (formerly known as Dulces y Conservas El Goli) is a leading Spanish private-label manufacturer and co-packer specializing in high-value-added healthy food products, notably fruit purees, smoothies, and baby food in pouch formats. Headquartered in Tarragona, the company operates a state-of-the-art industrial complex with high-capacity production lines focused on pouch technology, a segment driven by the global trend toward "on-the-go" and healthy snacking. Its business model is built on long-term strategic partnerships with major European and international retailers and global FMCG brands, providing end-to-end solutions from product formulation and R&D to sustainable packaging and logistics. The organization is recognized for its rigorous food safety standards and its ability to process organic, sugar-free, and clean-label recipes at industrial scale. It exports 85% of its production to over 30 countries. In 2023, it produced 279 million units.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

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

Target: delafruit

Acquirer: andros