At what enterprise value was EUROPE SNACKS acquired in 2024?

During the acquisition of EUROPE SNACKS by ONE ROCK CAPITAL PARTNERS in 2024, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR.

What was the EV/EBITDA of EUROPE SNACKS when it was acquired by ONE ROCK CAPITAL PARTNERS?

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

When was EUROPE SNACKS acquired by ONE ROCK CAPITAL PARTNERS?

EUROPE SNACKS was acquired by ONE ROCK CAPITAL PARTNERS in 2024.

What was the revenue of EUROPE SNACKS at the time of the deal?

The revenue of EUROPE SNACKS at the time of the deal is estimated to be in the range of 450M - 900M EUR.

What was the EBITDA of EUROPE SNACKS during the acquisition?

EUROPE SNACKS's EBITDA is estimated to be in the range of 50M - 100M EUR.

How is the data for the EUROPE SNACKS 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 EUROPE SNACKS 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.cfnews.net/Les-alertes-de-CFNEWS/Europe-Snacks-deguste-par-un-fonds-americain-497520

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Home Database AgriFoodEUROPE SNACKS

09/2024

EUROPE SNACKS acquired by ONE ROCK CAPITAL PARTNERS

FRANCE Food Processing / Food Products EV 500M - 1.5b EUR

Context

One Rock Capital Partners signed an agreement to acquire a majority stake in Europe Snacks from Seven2 (formerly Apax Partners), which had held the company since 2013. This exit concludes a decade of transformation under Seven2, during which revenue grew from EUR90 million to EUR700 million through three major build-ups. The financing is secured by a banking pool led by Barclays and Goldman Sachs.

EUROPE SNACKS, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (11.8x).

-> Deep-dive in AgriFood market trends

Target

Headquartered in the Vendee region of France, Europe Snacks is the leading European manufacturer of private label salty snacks. The group has grown significantly through a buy-and-build strategy (acquiring Kolak in the UK, Ibersnacks in Spain, and Burts Snacks). With a portfolio of 1,200 products (including stackable chips, crackers, and extruded snacks), the group forecasts EUR700 million in revenue for 2024, with 75% of sales generated outside France. It also operates a co-manufacturing division for third-party brands (15% of revenue).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
11/2024	UNEXO / UNIGRAINS	SAVEL	FRANCE	Meat & Cured Meat
11/2024	REFRESCO	FRÍAS NUTRICIÓN	SPAIN	Soft Drinks
09/2024	VALEO FOODS GROUP	I.D.C. HOLDING	SLOVAKIA	Food Products
09/2024	AS EQUITY PARTNERS	HOCHDORF SWISS NUTRITION (HSN)	SWITZERLAND	Dairy
08/2024	CINVEN	VITAMIN WELL	SWEDEN	Soft Drinks
07/2024	NEWPRINCES GROUP	PRINCES	UNITED KINGDOM	Food Products
07/2024	GRUPO MAYRIT INVERSIONES ALIMENTARIAS	PANIFICADORA POPULAR	SPAIN	Bakery / Pastry
07/2024	AUSNUTRIA DAIRY	AMALTHEA	NETHERLANDS	Dairy
07/2024	TOWERBROOK	IDAK FOOD GROUP	SWITZERLAND	Food Products
07/2024	EMMI GROUP	MADEMOISELLE DESSERTS	FRANCE	Bakery / Pastry

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EUROPE SNACKS by ONE ROCK CAPITAL PARTNERS 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: europe snacks

Acquirer: one rock capital partners