At what enterprise value was MCCLESKEY MILLS acquired in 2014?

You can find the full valuation details of MCCLESKEY MILLS on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M USD. 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 10.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of MCCLESKEY MILLS when it was acquired by OLAM INTERNATIONAL?

The estimated EV/EBITDA multiple for MCCLESKEY MILLS is in the range of 5x - 12x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.2x. Join our community for free to access full valuation data and industry trends.

When was MCCLESKEY MILLS acquired by OLAM INTERNATIONAL?

MCCLESKEY MILLS was acquired by OLAM INTERNATIONAL in 2014.

What was the EBITDA of MCCLESKEY MILLS during the acquisition?

MCCLESKEY MILLS's EBITDA is estimated to be in the range of 10M - 30M USD. Join our community for free to access complete and exact deal data.

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 MCCLESKEY MILLS 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 MCCLESKEY MILLS 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.reuters.com/article/markets/commodities/olam-international-says-to-buy-us-peanut-sheller-for-176-mln-idUSL3N0TP139/

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Home Database AgriFoodMCCLESKEY MILLS

12/2014

MCCLESKEY MILLS acquired by OLAM INTERNATIONAL

UNITED STATES Food Processing / Ingredients EV 100M - 350M USD

Context

Olam International agreed to acquire 100% of the equity of McCleskey Mills Inc. from its owners. The deal is structured as a full‑control buy‑out, with the key employee shareholders, including Joe West, remaining in the business to drive integration and future growth. MMI brings into Olam’s portfolio the third‑largest U.S. peanut sheller, with two large shelling plants and a secure position in the Southeastern U.S. peanut belt, which produces 70% of the nation’s peanuts and is the lowest‑cost major origin globally. The acquisition allows Olam to backward‑integrate into U.S. peanut shelling and combine MMI’s shelling capacity with its existing peanut‑blanching and ingredient‑processing footprint in the U.S. (Georgia, North Carolina, and Texas) as well as its shelling operations in Argentina, India, and South Africa. Olam expects to achieve multiple cost synergies, including optimisation of procurement, logistics, and storage, and to expand its position as a leading global supplier of peanut‑based ingredients and blanched peanuts to food manufacturers and consumers.

MCCLESKEY MILLS, which reported an EBITDA margin of LOGIN in 2013, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.2x).

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.

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Target

McCleskey Mills Inc. (MMI) is a leading U.S. peanut sheller headquartered in Smithville, Georgia, and operating two major shelling facilities in the Southeastern peanut‑belt. The company is the third‑largest peanut sheller in the United States, with an estimated 12% share of the domestic shelling market and an average annual throughput of about 250,000 farmer‑stock‑tonnes of peanuts. MMI operates processing plants and warehouses near Smithville and Doster/Rochelle, Georgia, in a region that accounts for roughly 70% of all U.S. peanut production, giving it direct access to the lowest‑cost and highest‑yield domestic peanut supply. The group controls a network of some 20 buying points and about 184,000 tonnes of warehousing capacity, which is critical given the seasonal nature of the crop, and serves a loyal base of branded and private‑label customers in the U.S. food and ingredient sector.

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REFERENCES

Valuation range: EV 100M - 350M USD

EBITDA range: 10M - 30M USD

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

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

Target: mccleskey mills

Acquirer: olam international