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DUNI GROUP

Acquired by

MELLBY GÅRD

SWEDEN Chemicals & Materials EV [1b SEK - 100b SEK] 09/2023

Target

DUNI GROUP

Acquirer

MELLBY GÅRD

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 LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN discount to the 10.6x average currently observed in the Industry & Manufacturing sector.

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

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.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
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2022
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2021
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Other operations with DUNI GROUP

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.