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09/2022100%

Les 2 Marmottes acquired by Jde Peets

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

Context

JDE Peet’s, a Netherlands‑based global coffee and beverage group listed on Euronext Amsterdam, acquired Les 2 Marmottes from FrenchFood Capital I in an all‑equity transaction structured as a 100% asset purchase. The deal represents JDE Peet’s first direct entry into the French herbal infusion market and complements its already extensive tea and coffee portfolio, which includes brands such as L’Or, Senseo, Tassimo, Jacques Vabre, and Grand’Mère. The acquisition is strictly accretive to the group’s strategic agenda of diversifying its beverage mix beyond coffee, a category that represents about 85% of JDE Peet’s revenues, while tea and infusions still account for a low single‑digit share of sales. Les 2 Marmottes brought to the group a proven track record of double‑digit growth, a national supermarket footprint, and a strongly differentiated brand rooted in natural ingredients and regional Alps identity. The transaction allows JDE Peet’s to rapidly scale its presence in the herbal tea segment, where Les 2 Marmottes has become the leading contributor to category growth in large‑scale distribution and the third‑largest brand by market share.

Previously, Les 2 Marmottes opened its capital to French Food Capital in 2018.

Les 2 Marmottes, which reported an EBITDA margin of [members only] in 2021, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average observed in the AgriFood sector (11.7x in 2022).

-> Deep-dive in AgriFood market trends

Target

Les 2 Marmottes is a French food‑processing company based in Bons‑en‑Chablais, in the Haute‑Savoie region of the French Alps, specialized in the production and commercialization of herbal infusions and tisanes. Founded in 1976 by the parents of current managing director Jean‑Marc Stezycki, the company has built a 40‑plus‑year heritage around artisanal, plant‑based herbal teas without added flavorings. Its core product line includes 28 herbal infusion recipes and 8 tea references, all formulated from 100% natural plants sourced through direct relationships with producers. The company positions itself around authenticity, natural ingredients, and a strong regional identity, emphasizing short‑loop supply chains and full control of key steps such as cutting, debacterization, blending, and packaging within its own manufacturing facility.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
€10–30M
€0–5M
[members only]
2020
€10–30M
€0–5M
[members only]

Other operations with Les 2 Marmottes

Other operations with Les 2 Marmottes
DateAcquirerTargetCountrySector
11/2018FRENCH FOOD CAPITALLES 2 MARMOTTESFRANCECoffee & Tea

Other operations with Jde Peets

Other operations with Jde Peets
DateAcquirerTargetCountrySector
01/2026KEURIG DR PEPPERJDE PEETSNETHERLANDSCoffee & Tea

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07/2022WATERLANDONOREFRANCEFood Products
04/2022GROUPE ALLIANCEBERNIFRANCEMeat & Cured Meat
04/2022CREDIT MUTUEL EQUITYADIALFRANCEFood Processing
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03/2022HILTON FOOD GROUPDUTCH SEAFOOD COMPANYNETHERLANDSFood Products
02/2022KKRREFRESCONETHERLANDSBeverages

REFERENCES

Revenue range: REV €10–30M

EBITDA range: €0–5M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Les 2 Marmottes by Jde Peets 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.

Target: les 2 marmottes

Acquirer: jde peets

FAQ

What transaction does this page cover?

This page covers Jde Peets’s acquisition of 100% of Les 2 Marmottes, a French company specialised in Beverages, in 2022. This followed an earlier holding cycle initiated in November 2018, when the company was acquired by French Food Capital.

What were Les 2 Marmottes’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Les 2 Marmottes generated annual revenue estimated in the €10–30M range and EBITDA in the €0–5M bracket (FY 2021). Detailed financial figures are available to members.

How does the valuation of Les 2 Marmottes compare to benchmarks in the AgriFood sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 11.7x EBITDA during 2022.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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