At what enterprise value was DUNI GROUP acquired in 2023?

During the acquisition of DUNI GROUP by MELLBY GÅRD in 2023, the transaction's Enterprise Value is estimated to be in the range of 3b - 100b SEK.

What was the EV/EBITDA of DUNI GROUP when it was acquired by MELLBY GÅRD?

The estimated EV/EBITDA multiple for DUNI GROUP is in the range of 5x - 12x.

When was DUNI GROUP acquired by MELLBY GÅRD?

DUNI GROUP was acquired by MELLBY GÅRD in 2023.

What was the revenue of DUNI GROUP at the time of the deal?

The revenue of DUNI GROUP at the time of the deal is estimated to be in the range of 5b - 100b SEK.

What was the EBITDA of DUNI GROUP during the acquisition?

DUNI GROUP's EBITDA is estimated to be in the range of 450M - 900M SEK.

How is the data for the DUNI GROUP acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the DUNI GROUP deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.dunigroup.com/files/Public/295/3841898/press-release-pdf.pdf

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Home Database Industry & ManufacturingDUNI GROUP

09/2023

DUNI GROUP acquired by MELLBY GÅRD

SWEDEN Chemicals & Materials / Packaging & Containers / Paper & Cardboard EV 3b - 100b SEK

Context

Mellby Gård AB crossed the 30% mandatory bid threshold in August 2023, a maneuver designed to fundamentally transition its role from the largest shareholder to the controlling parent of Duni Group. The strategic rationale for this transaction centers on a "long-term conviction" play, merging the target's industry-leading technical operational depth in circular dining solutions with the group’s established reputation as a stable, decentralized partner. This structural alignment provides the organization with the strategic certainty required to execute a multi-year transition toward reusable packaging and bio-based materials.

DUNI GROUP, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Duni Group is a Sweden company specialized in Sustainable Dining & Food Packaging Solutions. The company has carved out a distinct space in the global restaurant and hospitality market by focusing on high-quality, circular table setting and packaging concepts. Instead of providing generic single-use plastics, they thrive on a philosophy of "sustainable dining," utilizing renewable materials like paper and plant-based bioplastics under brands such as Duni and BioPak. What makes them a go-to partner for the HoReCa (Hotel, Restaurant, Café) sector is their knack for combining aesthetic design with a rigorous environmental agenda, helping clients meet tightening EU regulations on waste.

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2021

Similar deals in Chemicals & Materials

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
11/2023	CLAYTON, DUBILIER & RICE (CD&R)	VERITIV CORPORATION	UNITED STATES	Packaging & Containers
11/2023	GREIF	IPACKCHEM	FRANCE	Plastic Packaging
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08/2023	APOLLO GLOBAL MANAGEMENT / IRENIC CAPITAL	ARCONIC	UNITED STATES	Metallurgy / Foundry
07/2023	MICHELIN	FLEX COMPOSITE GROUP	FRANCE	Plastics
07/2023	AGIC CAPITAL	PURE TRADE WORLDWIDE	FRANCE	Packaging & Containers
05/2023	TRAJAN	ESSENCES & PARFUMS	FRANCE	Flavors & Fragrances
05/2023	ARKEMA	POLYTEC PT	GERMANY	Plastics
04/2023	TIKEHAU CAPITAL / SAFRAN / AIRBUS	AUBERT & DUVAL	FRANCE	Metallurgy / Foundry
04/2023	STIRLING SQUARE CAPITAL	TAPÌ	ITALY	Packaging & Containers

REFERENCES

Valuation range: EV 3b - 100b SEK

Revenue range: 5b - 100b SEK

EBITDA range: 450M - 900M SEK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DUNI GROUP by MELLBY GÅRD 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.

Press release: view release

Target: duni group

Acquirer: mellby gård