At what enterprise value was GROUPE CPK (CARAMBAR POULAIN KREMA) acquired in 2017?

During the acquisition of GROUPE CPK (CARAMBAR POULAIN KREMA) by EURAZEO in 2017, 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 300M - 700M EUR. 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 10.7x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GROUPE CPK (CARAMBAR POULAIN KREMA) when it was acquired by EURAZEO?

The exact EV/EBITDA multiple for GROUPE CPK (CARAMBAR POULAIN KREMA) is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.7x. Join our community for free to access full valuation data and industry trends.

When was GROUPE CPK (CARAMBAR POULAIN KREMA) acquired by EURAZEO?

GROUPE CPK (CARAMBAR POULAIN KREMA) was acquired by EURAZEO in 2017.

What was the revenue of GROUPE CPK (CARAMBAR POULAIN KREMA) at the time of the deal?

The revenue of GROUPE CPK (CARAMBAR POULAIN KREMA) at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 GROUPE CPK (CARAMBAR POULAIN KREMA) 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 GROUPE CPK (CARAMBAR POULAIN KREMA) 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/analyses/dossiers/carambar-co-comment-eurazeo-a-fait-naitre-un-geant-de-la-confiserie-115443

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Home Database AgriFoodGROUPE CPK (CARAMBAR POULAIN KREMA)

05/2017

GROUPE CPK (CARAMBAR POULAIN KREMA) acquired by EURAZEO

FRANCE Food Processing / Food Products EV 300M - 700M EUR

Context

Following an 18-month "marathon" process, Eurazeo acquired a portfolio of 14 brands from the US giant Mondelez. Eurazeo outbid PAI Partners and Katjes by proposing a robust industrial project. The transition required the creation of a new HQ, recruiting 230 people for corporate functions, and an ambitious EUR35M industrial investment plan—including the repatriation of Terry's production from Poland to Strasbourg. The goal was to transform these "orphan brands" into an autonomous French champion by tripling marketing spend and targeting a 15% EBITDA margin within 5 years.

GROUPE CPK (CARAMBAR POULAIN KREMA), which reported an EBITDA margin of in 2017, 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

CPK is a French confectionery leader created in 2017 following the carve-out of 14 iconic brands from Mondelez. The portfolio includes household names such as Carambar, Poulain, Krema, Lutti (acquired in 2018), Michoko, Malabar, and Terry's. The group operates three production sites and one workshop in France, employing over 900 people.

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Other operations with GROUPE CPK (CARAMBAR POULAIN KREMA)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2025	FERRARA CANDY COMPANY	GROUPE CPK (CARAMBAR POULAIN KREMA)	FRANCE	Food Products

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE CPK (CARAMBAR POULAIN KREMA) by EURAZEO 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: eurazeo