mynth
← DATABASE
06/2016100%

Ineobio acquired by Ecotone

FRANCE Food Processing / Beverages / Coffee & Tea EV €10–30M

Context

Wessanen, the Dutch listed organic food group and parent company of Distriborg in France, agreed to acquire Ineobio and its Destination brand in a full‑capital transaction following a process conducted exclusively with industrial buyers. The acquisition is structured as a strategic bolt‑on aimed at strengthening Wessanen’s leadership in organic beverages and expanding its coffee offering, where the group already had a presence through brands such as Alter Eco and Bonneterre. The deal fits Wessanen’s broader strategy of building sustainable food and beverage segment, leveraging organic, healthy, and responsible sourcing credentials to reinforce its European footprint. For the acquirer, Ineobio adds complementary expertise in coffee and tea procurement, formulation, and manufacturing, while also providing an avenue to deepen penetration in specialist organic stores and export channels.

Ineobio, which reported an EBITDA margin of [members only] in 2016, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the AgriFood sector (11.4x in 2026).

-> Deep-dive in AgriFood market trends

Target

Ineobio is a French company based in Bordeaux specializing in the sourcing, development, and distribution of organic coffee, tea, and infusions. The business operates under the Destination brand, which has established a recognized position in the French organic retail network and in several export markets. Ineobio has built its proposition around certified organic products, combining product development, procurement expertise, and in‑house production capabilities in Bordeaux to deliver a broad range of high‑quality beverage offerings. Its portfolio includes organic coffees as well as teas and infusions, with some references also positioned within fair‑trade or responsible‑sourcing frameworks where relevant.

Ent. Value

€10–30M

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2016
€10–30M
[members only]
[members only]
2015
€10–30M
[members only]
[members only]

Other operations with Ecotone

Other operations with Ecotone
DateAcquirerTargetCountrySector
07/2020ECOTONEDANIVALFRANCEB2B Specialized Distribution
04/2019PAI PARTNERSECOTONENETHERLANDSFood Processing

Similar deals in Food Processing

Similar deals in Food Processing
DateAcquirerTargetCountrySector
09/2016AMPLIFY SNACK BRANDSTYRRELLSUNITED KINGDOMFood Products
07/2016DANONEWHITEWAVEUNITED STATESDairy
06/2016HANA GROUPPEACE DINING CORP.UNITED STATESFood Products
06/2016COCA-COLAADESARGENTINASoft Drinks
06/2016DANONEMICHEL ET AUGUSTINFRANCEFood Products
03/2016REFRESCODISNETHERLANDSBeverages
03/2016CAMPARI GROUPMARNIER-LAPOSTOLLEFRANCEWines & Spirits
12/2015CORPFIN CAPITALEURO GAMMAITALYIngredients
12/2015JAB BEECHKEURIG DR PEPPERUNITED STATESBeverages
12/2015IK PARTNERSSALAD SIGNATURENETHERLANDSFood Products

REFERENCES

Valuation range: EV €10–30M

Revenue range: €10–30M

EV/Revenue range: below 1.5x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Ineobio by Ecotone 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: ecotone

FAQ

What transaction does this page cover?

This page covers Ecotone’s acquisition of 100% of Ineobio, a French company specialised in Beverages, in 2016.

How was the acquisition of Ineobio by Ecotone valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €10–30M band and its EV/revenue multiple within the below 1.5x range. Exact figures are available to members.

What was Ineobio’s revenue at the time of the deal?

At the time of the transaction, Ineobio’s annual revenue was estimated within the €10–30M range (FY 2016). Detailed financial figures are available to members.

How does the valuation of Ineobio compare to benchmarks in the AgriFood sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. By way of comparison, in 2026 companies in the AgriFood sector are valued at a multiple of 11.4x EBITDA.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.