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11/2013

MADEMOISELLE DESSERTS acquired by EQUISTONE

FRANCE Food Processing / Food Products / Bakery / Pastry EV 100M - 350M EUR

Context

Equistone Partners Europe acquired a majority stake in Europeenne des Desserts from Cerea Partenaire and Azulis Capital. The previous financial sponsors, along with the management team, reinvested for a minority stake. The transaction was valued at an Enterprise Value slightly above EUR100 million. The strategic plan focused on accelerating international growth.

MADEMOISELLE DESSERTS, which reported an EBITDA margin of in 2012, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (10.7x).

-> 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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2012
2011

Other operations with MADEMOISELLE DESSERTS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
07/2024EMMI GROUPMADEMOISELLE DESSERTSFRANCEBakery / Pastry
05/2023MADEMOISELLE DESSERTSGALANA (PASTRY & ICE CREAM)BELGIUMBakery / Pastry
12/2018MADEMOISELLE DESSERTSDELICE DES 7 VALLEESFRANCEBakery / Pastry
10/2018MADEMOISELLE DESSERTSPÂTISSERIE MICHEL KREMERFRANCEBakery / Pastry
05/2018IK PARTNERSMADEMOISELLE DESSERTSFRANCEBakery / Pastry
01/2017MADEMOISELLE DESSERTSMINISTRY OF CAKEUNITED KINGDOMBakery / Pastry

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M 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 EQUISTONE 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.

Press release: view release

Target: mademoiselle desserts

Acquirer: equistone