DIS acquired by REFRESCO
Context
Refresco acquired 100% of DIS. This transaction was highly strategic as it focused on "Canning"—a packaging format experiencing double-digit growth driven by the surge in energy drinks and craft sodas. The deal allowed Refresco to add approximately 800 million cans to its annual production capacity and secure a state-of-the-art facility in a prime logistical location.
DIS, which reported an EBITDA margin of in 2015, 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
DIS is a leading Dutch specialist in the contract manufacturing and canning of non-alcoholic beverages. The company operates high-speed production lines primarily dedicated to carbonated soft drinks, energy drinks, and flavored waters. DIS is renowned for its operational flexibility, handling both large-scale production for major global brands and specialized batches for private labels.
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Historical Financials (EUR)
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| 06/2015 | TA ASSOCIATES | HANA GROUP | FRANCE | Food Products |
REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 50M - 100M 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.
Acquirer: refresco