At what enterprise value was FOODAROM acquired in 2020?

During the acquisition of FOODAROM by GLANDIA NUTRITIONALS in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 20M - 50M USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the AgriFood industry currently tracks an average EBITDA multiple of 10.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of FOODAROM when it was acquired by GLANDIA NUTRITIONALS?

The estimated EV/EBITDA multiple for FOODAROM is in the range of 15x - 25x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.8x. Join our community for free to access full valuation data and industry trends.

When was FOODAROM acquired by GLANDIA NUTRITIONALS?

FOODAROM was acquired by GLANDIA NUTRITIONALS in 2020.

What was the revenue of FOODAROM at the time of the deal?

The revenue of FOODAROM at the time of the deal is estimated to be in the range of 10M - 30M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of FOODAROM during the acquisition?

FOODAROM's EBITDA is estimated to be in the range of 0M - 5M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the FOODAROM 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 FOODAROM 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.fooddive.com/news/glanbia-acquires-custom-flavor-designer-foodarom-for-45m/583808/

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Home Database AgriFoodFOODAROM

08/2020

FOODAROM acquired by GLANDIA NUTRITIONALS

CANADA Food Processing / Ingredients EV 20M - 50M USD

Context

Glanbia Nutritionals has acquired the Canadian flavor designer Foodarom for CAD $60 million (~USD $45 million). This acquisition aligns with Glanbia's strategy to grow its "Nutritional Solutions" (NS) division by adding complementary capabilities. Foodarom's expertise in custom flavors and masking agents is highly synergistic with Glanbia's core protein business: it allows Glanbia to sell not just the protein powder, but the entire flavored formulation (e.g., "Strawberry Whey Isolate" ready-to-mix) to its sports nutrition and lifestyle clients.

FOODAROM, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.8x).

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.

-> Deep-dive in AgriFood market trends

Target

Founded in 2006, Foodarom is a Canadian custom flavor designer and manufacturer. It boasts a library of over 15,000 flavor recipes (liquid and powder) and specializes in creating turnkey flavor solutions for the food, beverage, and nutritional product industries. The company is particularly known for its expertise in masking agents (masking bitterness in plant proteins or high-intensity sweeteners) and functional ingredients. At the time of acquisition, Foodarom operated production facilities and innovation centers in Canada (Montreal), the US (Salt Lake City, San Diego), and Europe (Germany, Italy).

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10/2019	SEVEN2 / UI INVESTISSEMENT / CREDIT MUTUEL EQUITY	ROUTIN	FRANCE	Food Processing	Apax Partners Development acquired a majority stake in Routin following a competitive auction process managed by Transaction R. The transaction marked the exit of Credit Mutuel Equity as the majority shareholder, though they reinvested significantly to remain as a minority partner

REFERENCES

Valuation range: EV 20M - 50M USD

Revenue range: 10M - 30M USD

EBITDA range: 0M - 5M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FOODAROM by GLANDIA NUTRITIONALS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).