At what enterprise value was FOODHILLS acquired in 2025?

During the acquisition of FOODHILLS by APETIT in 2025, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M SEK.

When was FOODHILLS acquired by APETIT?

FOODHILLS was acquired by APETIT in 2025.

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

The revenue of FOODHILLS at the time of the deal is estimated to be in the range of 100M - 200M SEK.

How is the data for the FOODHILLS 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 FOODHILLS 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.sttinfo.fi/announcement/71517214?publisherId=69820187&lang=en

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Home Database AgriFoodFOODHILLS

10/2025

FOODHILLS acquired by APETIT

SWEDEN Food Processing / Food Products EV 50M - 150M SEK

Context

Apetit Plc has agreed to acquire 100% of the shares of Foodhills AB. This acquisition consolidates Apetit's position as a leading Northern European pea producer, giving it a 10% market share of European frozen pea production.

FOODHILLS, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (10.7x).

-> Deep-dive in AgriFood market trends

Target

Foodhills AB is the largest cultivator and producer of frozen peas in Sweden. Located in Bjuv (Skåne), the company operates a major production facility where it has invested over SEK 200 million since 2018. Foodhills works with approximately 300 contract farmers in the Skåne and Halland regions. Despite its strong market position in primary production, the company has been loss-making in recent years.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (SEK)

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
11/2025	CAMLIN FINE SCIENCES	VINPAI	FRANCE	Ingredients
11/2025	INVESTCorporate	TREEHOUSE FOODS	CANADA	Food Products
10/2025	THE FERRERO GROUP	WK KELLOGG CO	UNITED STATES	Food Products
10/2025	LT FOODS	GLOBAL GREEN EUROPE	HUNGARY	Food Products
10/2025	PAI PARTNERS / ADIA	FRONERI	UNITED KINGDOM	Food Products
09/2025	POPPIES BAKERIES	MILCAMPS	BELGIUM	Food Products
09/2025	ASSOCIATED BRITISH FOODS	HOVIS	UNITED KINGDOM	Bakery / Pastry
09/2025	NEWPRINCES GROUP	DIAGEO OPERATIONS ITALY	ITALY	Contract Bottling & Packaging
09/2025	ADIA	CASA OPTIMA	ITALY	Ingredients
09/2025	AKSIA	IL FORNAIO DEL CASALE	ITALY	Bakery / Pastry

REFERENCES

Valuation range: EV 50M - 150M SEK

Revenue range: 100M - 200M SEK

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