EURO GAMMA acquired by CORPFIN CAPITAL
Context
Corpfin Capital acquired a controlling 60% stake in Euro Gamma through a newly formed holding company. The transaction was structured to ensure continuity, with the historical shareholders and the management team reinvesting their proceeds to retain a substantial 40% minority stake in the new structure. This partnership aims to support a new phase of growth focused on commercial expansion and maximizing the output of the recently built Spanish factory.
EURO GAMMA, which reported an EBITDA margin of in 2014, 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).
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Target
Founded over 50 years ago and headquartered in Milan, Euro Gamma (along with its subsidiary Sicna) is a recognized global player in the niche market of food coloration. The group specializes in the extraction and production of natural and semi-natural colorants derived from vegetable sources such as grapes, black carrots, and paprika. These pigments (anthocyanins, carotenoids, etc.) are critical inputs for the food, beverage, and confectionery industries, which use them to replace synthetic additives. The company has a strong Corporate heritage and recently completed a major capital expenditure program by inaugurating a state-of-the-art production facility in Valencia, Spain.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 50M - 100M 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: corpfin capital