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12/2013

GRUPPO ALIVAL acquired by DANTE BIGI S.R.L.

ITALY Food Processing / Food Products / Dairy EV 50M - 150M EUR

Context

Dante Bigi S.r.l. acquired a 51% controlling interest in Gruppo Alival, with an agreement to acquire the remaining 49% in 2014. This acquisition was a pivotal step in consolidating the Italian dairy market, bringing together Alival's leadership in fresh cheeses (mozzarella) with the acquirer's existing strength in aged cheeses.

GRUPPO ALIVAL, which reported an EBITDA margin of in 2013, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Gruppo Alival is a leading Italian dairy producer, ranking as the third-largest player in the mozzarella market in Italy. Operating through 9 production plants in Italy and Poland, the group offers a wide portfolio including mozzarella, pecorino, ricotta, and butter. It owns well-known commercial and PDO brands such as Alival, Mandara, Fattorie del Sole, Trep, Caseificio dell Amiata, and Tinis. In 2013, the group generated revenues of EUR175 million and served major retail chains across Italy and Europe.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2013
2012

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REFERENCES

Valuation range: EV 50M - 150M EUR

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 GRUPPO ALIVAL by DANTE BIGI S.R.L. 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.