Ergon Capital acquired a majority stake in Haudecoeur through a Primary LBO (the first time the family opened its capital to a financial investor). The transaction was the result of an unsolicited offer orchestrated by Raphael Financial Advisory. The Haudecoeur family retained a significant minority stake and continued to be involved in the business. The deal structure included senior debt with specific "acquisition lines" to fund future external growth. The strategic goal is to transform this national champion into a European platform for ethnic foods.

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. 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.