At what enterprise value was FRÍAS NUTRICIÓN acquired in 2024?

You can find the full valuation details of FRÍAS NUTRICIÓN on mynth capital. 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 10.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of FRÍAS NUTRICIÓN when it was acquired by REFRESCO?

The exact EV/EBITDA multiple for FRÍAS NUTRICIÓN is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.2x. Join our community for free to access full valuation data and industry trends.

When was FRÍAS NUTRICIÓN acquired by REFRESCO?

FRÍAS NUTRICIÓN was acquired by REFRESCO in 2024.

What was the revenue of FRÍAS NUTRICIÓN at the time of the deal?

The revenue of FRÍAS NUTRICIÓN at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of FRÍAS NUTRICIÓN during the acquisition?

FRÍAS NUTRICIÓN's EBITDA is estimated to be in the range of 5M - 25M EUR. 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 FRÍAS NUTRICIÓN 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 FRÍAS NUTRICIÓN 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.refresco.com/en/press-releases/2982453/

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Home Database AgriFoodFRÍAS NUTRICIÓN

11/2024

FRÍAS NUTRICIÓN acquired by REFRESCO

SPAIN Food Processing / Beverages / Soft Drinks REV 100M - 200M EUR

Context

Refresco has completed the acquisition of Frías Nutrición, a Spanish specialist in plant-based beverages, following the announcement of the transaction in July 2024 and the satisfaction of regulatory conditions. This move is part of Refresco's "Buy & Build" strategy, aimed at strengthening its presence in the high-growth plant-based beverage segment, which is considered a strategic category within the non-alcoholic beverage industry. The acquisition enables the group to consolidate its position in Spain, where Frías operates a dedicated production facility and maintains strong relationships with major retailers. The integration of Frías significantly enhances Refresco's industrial capabilities in plant-based beverages, a segment driven by shifting consumer habits and increasing demand for alternatives to traditional dairy products. Additionally, the acquisition expands the group's offering to its European customers and accelerates its product innovation capabilities in this category.

By taking control of FríAs NutricióN, Refresco continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Avandis in 2023.

FRÍAS NUTRICIÓN, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.2x).

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

Frías Nutrición is a Spanish manufacturer specializing in plant-based beverages, strategically positioned in the rapidly growing market of dairy alternatives. Headquartered in Burgos, Spain, the company operates a state-of-the-art production facility dedicated exclusively to plant-based drinks, employing approximately 250 staff members. As a result, Frías has established itself as a leading player in the Iberian plant-based beverage market. The company's portfolio includes a wide range of private-label products, featuring almond, rice, soy, and hazelnut-based drinks. Frías primarily partners with major retailers, both in Spain and internationally, providing customized private-label manufacturing solutions tailored to meet the expectations of its retail clients. The company benefits from a strong industrial positioning, supported by investments made under the guidance of its previous shareholders, including Alantra Private Equity and the founding family. These investments have enabled the creation of one of the most modern and efficient plant-based beverage production facilities in Europe.

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2023

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REFERENCES

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

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

Press release: view release

Target: frías nutrición

Acquirer: refresco