Who owns GALANA (PASTRY & ICE CREAM)?

GALANA (PASTRY & ICE CREAM) has been 100% owned by MADEMOISELLE DESSERTS since May 2023.

What was the revenue of GALANA (PASTRY & ICE CREAM) at the time of the deal?

The revenue of GALANA (PASTRY & ICE CREAM) at the time of the deal is estimated to be in the range of 10M - 30M EUR.

How is the data for the GALANA (PASTRY & ICE CREAM) 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 GALANA (PASTRY & ICE CREAM) 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://capitalfinance.lesechos.fr/deals/build-up/mademoiselle-desserts-se-sert-en-belgique-1945639

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodGALANA (PASTRY & ICE CREAM)

05/2023

GALANA (PASTRY & ICE CREAM) acquired by MADEMOISELLE DESSERTS

BELGIUM Food Processing / Food Products / Bakery / Pastry REV 10M - 30M EUR

Context

Mademoiselle Desserts continues its external growth strategy by acquiring the pastry and ice cream activities of the Belgian company Galana. The transaction is structured as a carve-out, as Galana's seafood trading business is not included. The acquisition was financed through a mix of equity and bank debt.

By taking control of Galana, Mademoiselle Desserts continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Delice Des 7 Vallees in 2018.

GALANA (PASTRY & ICE CREAM), which reported an EBITDA margin of in 2022, 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).

-> Deep-dive in AgriFood market trends

Target

Galana is a Belgian food company. This transaction specifically targets its bakery and ice cream manufacturing division (carve-out). The division generates EUR23 million in annual revenue. Its flagship product is the chocolate fondant (lava cake), alongside a range of ice creams and sorbets (sold under brands like Pagotini). Note: Galana's seafood trading business is excluded from the deal.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

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2022

2021

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
06/2023	MITSUI & CO	NUTRINOVA NETHERLANDS	NETHERLANDS	Ingredients
06/2023	IK PARTNERS	GOODLIFE FOODS	NETHERLANDS	Food Products
05/2023	EUROPEAN BAKERY GROUP	COOLBACK	GERMANY	Bakery / Pastry
05/2023	GREENYARD	GIGI GELATO	NETHERLANDS	Food Products
04/2023	PAI PARTNERS	EUROPEAN PIZZA GROUP (EPG)	GERMANY	Food Products
04/2023	SARIA	DEVRO	UNITED KINGDOM	Ingredients
03/2023	CARLSBERG GROUP	WATERLOO BREWING	CANADA	Wines & Spirits
03/2023	NACTAROME GROUP	ROYAL BUISMAN	NETHERLANDS	Ingredients
02/2023	PAI PARTNERS	LA COMPAGNIE DES DESSERTS	FRANCE	Bakery / Pastry
02/2023	ROUTIN	CAPPUCCINE	UNITED STATES	Soft Drinks

REFERENCES

Revenue range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GALANA (PASTRY & ICE CREAM) by MADEMOISELLE DESSERTS 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.

Acquirer: mademoiselle desserts