At what enterprise value was LAURENT BAKERY GROUP acquired in 2021?

You can find the full valuation details of LAURENT BAKERY GROUP on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M AUD. 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 10.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of LAURENT BAKERY GROUP when it was acquired by BGH CAPITAL?

The exact EV/EBITDA multiple for LAURENT BAKERY GROUP is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.3x. Join our community for free to access full valuation data and industry trends.

When was LAURENT BAKERY GROUP acquired by BGH CAPITAL?

LAURENT BAKERY GROUP was acquired by BGH CAPITAL in 2021.

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 LAURENT BAKERY GROUP 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 LAURENT BAKERY GROUP 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://www.afr.com/street-talk/bgh-capital-cooks-up-deal-for-melbourne-s-laurent-bakery-20211125-p59c8p

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Home Database AgriFoodLAURENT BAKERY GROUP

11/2021

LAURENT BAKERY GROUP

Acquired by

BGH CAPITAL

AUSTRALIA Food Processing / Food Products / Bakery / Pastry EV 300M - 700M AUD

LAURENT BAKERY GROUP acquired by BGH CAPITAL

AUSTRALIA Food Processing / Food Products / Bakery / Pastry EV 300M - 700M AUD

Context

BGH Capital acquired a controlling stake in Laurent Bakery Group. The transaction involved the exit of a silent co-investor and the reinvestment of founder Laurent Boillon, who remained a significant shareholder and Director. The strategic rationale for the deal is the massive growth potential of the group’s wholesale division, particularly its national supply contract with Coles. BGH aims to capitalize on the shift in Australian consumer preferences toward high-quality, traditional French baking, which was previously underserved in the mass market. By providing fresh capital and management expertise, BGH intends to expand the group's manufacturing footprint and optimize its national logistics network. This partnership allows the founder to focus on product quality and brand DNA while the private equity firm professionalizes the corporate structure. This deal highlights the continued interest of private equity in "recession-proof" consumer staples that possess both a strong retail identity and a scalable industrial engine.

LAURENT BAKERY GROUP, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.3x).

Note that 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.

-> Deep-dive in AgriFood market trends

Target

Founded in 1993 by French-born baker Laurent Boillon, Laurent Bakery is a premium Australian institution specializing in French-inspired sourdough breads, cakes, and pastries. The group operates a hybrid business model comprising a network of 15 high-end retail boutiques across Melbourne and a large-scale industrial artisan production arm. This wholesale division supplies over 1,000 supermarkets across Australia, New Zealand, and Singapore with high-quality par-baked and fresh artisan products. Strategically, the company leverages Australia’s clean-label reputation and traditional French baking techniques to serve the premium "bake-at-home" and retail segments. By maintaining a balance between artisanal craftsmanship and scalable industrial distribution, Laurent Bakery has established itself as the leading high-end bakery brand in the Oceania region.

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Other operations with LAURENT BAKERY GROUP

Date	Acquirer	Target	Country	Sector	Deal Context
03/2025	BRIDOR	LAURENT BAKERY GROUP	AUSTRALIA	Food Processing	Founded in 1993 by French-born baker Laurent Boillon, Laurent Bakery is a premium Australian institution specializing in French-inspired sourdough breads, cakes, and pastries. The group operates a hybrid business model comprising a network of 15 high-end retail boutiques across Melbourne and a large-scale industrial artisan production arm. This wholesale division supplies over 1,000 supermarkets across Australia, New Zealand, and Singapore with high-quality par-baked and fresh artisan products. Strategically, the company leverages Australia’s clean-label reputation and traditional French baking techniques to serve the premium "bake-at-home" and retail segments. By maintaining a balance between artisanal craftsmanship and scalable industrial distribution, Laurent Bakery has established itself as the leading high-end bakery brand in the Oceania region.

REFERENCES

Valuation range: EV 300M - 700M AUD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LAURENT BAKERY GROUP by BGH CAPITAL are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: bgh capital