mynth
← DATABASE
04/2026

EFFEPI acquired by ORANGE CAPITAL DEVELOPMENT

ITALY Food Processing / Food Products REV 5M - 25M EUR

Context

Orange Capital Development has finalized the acquisition of an 80% majority stake in Effepi, marking a significant step in the construction of its specialized "Italian Frozen Food Excellence" platform. This strategic move follows the organization's previous acquisition of Gelit, a producer of frozen ready meals, and is designed to create a multidisciplinary frozen food hub. The strategic rationale for the transaction centers on the convergence of high-end dessert production with established savory meal distribution, allowing the group to offer a comprehensive "Italian experience" to global institutional and retail clients. Through this integration, the group aims to unlock significant industrial and commercial synergies, particularly in logistics and supply chain optimization within Northern Italy. The partnership focuses on leveraging existing commercial platforms to introduce the target's dessert portfolio into new high-growth regions, including the United States, Canada, and Australia. Furthermore, the firm intends to utilize its South East Asian capital links to facilitate entry into markets such as Japan, South Korea, and Indonesia. This consolidation reinforces the group's standing as a primary enabler of Italian food exports, providing the operational depth required to navigate complex global trade environments while maintaining artisanal quality standards.

EFFEPI, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Effepi is a specialized food manufacturing organization headquartered in the Cuneo province, dedicated to the production of high-quality frozen desserts. The entity’s business model is centered on the "Premium Frozen" segment, utilizing artisanal-inspired techniques to create a diverse product portfolio including tiramisu, profiteroles, gourmet cakes, and specialized gelato monoportions. Its value proposition is built on the preservation of authentic Italian gastronomic traditions combined with modern industrial frozen technology, ensuring high product integrity for international markets. Strategically, the firm is heavily export-oriented, with a significant operational presence in Central and Northern European markets, particularly Germany and the United Kingdom. By focusing on high-end retail and the Horeca (Hotel, Restaurant, Café) channels, the organization facilitates the global availability of traditional Italian confectionery. The firm prioritizes innovation in product development to align with evolving consumer trends in the luxury dessert landscape.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
2024

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
05/2026EAT HAPPY GROUPHANA GROUP EUROPEFRANCEFood Products
05/2026ORCHARD FOODS VALLEYPHOENIX BRANDSUNITED KINGDOMFood Products
04/2026AMBIENTATHE BRIDGE BIOITALYSoft Drinks
04/2026ONE ROCK CAPITAL PARTNERSEAT HAPPY GROUPGERMANYFood Products
03/2026ALPHAPET VENTURESCPRO FOODBELGIUMPetfood
03/2026BRIDORPANAMAR BAKERY GROUPSPAINBakery / Pastry
03/2026MCCORMICK & COMPANYUNILEVER FOOD DIVISIONUNITED KINGDOMFood Products
03/2026ATRIACOOKIN FOOD SWEDENSWEDENFood Products
03/2026DANONEHUELUNITED KINGDOMFood Products
03/2026NEXTSTAGESOCIÉTÉ DES EAUX MINÉRALES D’ARCACHON (SEMA)FRANCESoft Drinks

REFERENCES

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EFFEPI by ORANGE CAPITAL DEVELOPMENT 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.

Target: effepi

Acquirer: orange capital development