DELAFRUIT acquired by ANDROS
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 in 2023, 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
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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| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 04/2025 | WHAT S COOKING? | SVELTIC | FRANCE | Food Products |
| 03/2025 | BRIDOR | LAURENT BAKERY GROUP | AUSTRALIA | Bakery / Pastry |
| 11/2024 | REFRESCO | FRÍAS NUTRICIÓN | SPAIN | Soft Drinks |
| 11/2024 | UNEXO / UNIGRAINS | SAVEL | FRANCE | Meat & Cured Meat |
| 09/2024 | ONE ROCK CAPITAL PARTNERS | EUROPE SNACKS | FRANCE | Food Products |
| 09/2024 | AS EQUITY PARTNERS | HOCHDORF SWISS NUTRITION (HSN) | SWITZERLAND | Dairy |
| 09/2024 | VALEO FOODS GROUP | I.D.C. HOLDING | SLOVAKIA | Food Products |
| 08/2024 | CINVEN | VITAMIN WELL | SWEDEN | Soft Drinks |
| 07/2024 | NEWPRINCES GROUP | PRINCES | UNITED KINGDOM | Food Products |
| 07/2024 | AUSNUTRIA DAIRY | AMALTHEA | NETHERLANDS | Dairy |
REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: delafruit
Acquirer: andros