Who owns MADEMOISELLE DESSERTS?

MADEMOISELLE DESSERTS has been 100% owned by EMMI GROUP since July 2024.

At what enterprise value was MADEMOISELLE DESSERTS acquired in 2024?

During the acquisition of MADEMOISELLE DESSERTS by EMMI GROUP in 2024, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR.

What was the EV/EBITDA of MADEMOISELLE DESSERTS when it was acquired by EMMI GROUP?

The estimated EV/EBITDA multiple for MADEMOISELLE DESSERTS is in the range of 10x - 18x.

When was MADEMOISELLE DESSERTS acquired by EMMI GROUP?

MADEMOISELLE DESSERTS was acquired by EMMI GROUP in 2024.

What was the revenue of MADEMOISELLE DESSERTS at the time of the deal?

The revenue of MADEMOISELLE DESSERTS at the time of the deal is estimated to be in the range of 250M - 500M EUR.

What was the EBITDA of MADEMOISELLE DESSERTS during the acquisition?

MADEMOISELLE DESSERTS's EBITDA is estimated to be in the range of 50M - 100M EUR.

How is the data for the MADEMOISELLE DESSERTS 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 MADEMOISELLE DESSERTS 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://capitalfinance.lesechos.fr/deals/sortie/ik-partners-sert-mademoiselle-desserts-a-emmi-pour-900-meur-2106563

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodMADEMOISELLE DESSERTS

07/2024

MADEMOISELLE DESSERTS acquired by EMMI GROUP

FRANCE Food Processing / Food Products / Bakery / Pastry EV 500M - 1.5b EUR

Context

IK Partners (holding 86% of the capital) has agreed to sell Mademoiselle Desserts to the Swiss industrial group Emmi. This transaction marks a remarkable exit for IK, which had acquired the company for EUR330 million in 2018. For Emmi, the goal is strategic: increasing the share of "Desserts" in its total revenue from 9% to 17%. The CEO of the target will take over the leadership of the new combined "Desserts Powerhouse" division within Emmi.

Previously, the company had already undergone several LBOs, notably led by Equistone in 2013 and Ik Partners in 2018. These multiple LBO cycles, coupled with several external growth operations, illustrate the strong appeal for this type of asset.

MADEMOISELLE DESSERTS, which reported an EBITDA margin of in 2023, 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

Headquartered in France, Mademoiselle Desserts is a leading European manufacturer of premium frozen Corporate pastry. The group supplies retailers (private label) and the foodservice industry (restaurants, canteens) with a wide range of tarts, flans, and cakes. Following a strategic rebranding from "Europeenne des Desserts," the company aggressively expanded its footprint beyond France, establishing a major presence in the UK and the Netherlands through acquisitions like The Handmade Cake Company, Ministry of Cake, and Quality Pastries.

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Other operations with MADEMOISELLE DESSERTS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2023	MADEMOISELLE DESSERTS	GALANA (PASTRY & ICE CREAM)	BELGIUM	Bakery / Pastry
12/2018	MADEMOISELLE DESSERTS	DELICE DES 7 VALLEES	FRANCE	Bakery / Pastry
10/2018	MADEMOISELLE DESSERTS	PÂTISSERIE MICHEL KREMER	FRANCE	Bakery / Pastry
05/2018	IK PARTNERS	MADEMOISELLE DESSERTS	FRANCE	Bakery / Pastry
01/2017	MADEMOISELLE DESSERTS	MINISTRY OF CAKE	UNITED KINGDOM	Bakery / Pastry
11/2013	EQUISTONE	MADEMOISELLE DESSERTS	FRANCE	Bakery / Pastry

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MADEMOISELLE DESSERTS by EMMI GROUP 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: mademoiselle desserts