Equistone takes majority stake in MPS Meat Processing Systems

NETHERLANDS Industrial Equipment / Process Engineering & Production Lines / Food & Beverage Lines REV €50–100M

Context

The acquisition of MPS Meat Processing Systems by Equistone Partners Europe marked a strategic investment aimed at professionalizing and accelerating the growth of a global leader in red meat processing infrastructure. The investment was centered on a clear value-creation roadmap focused on organic revenue growth and international geographic diversification, particularly targeting entry into the United States market. During the holding period, the sponsor supported the management team in executing an active buy-and-build strategy, integrating specialized manufacturers of carcass-splitting and deboning equipment. This synergistic integration bolstered the portfolio company's service offerings, reinforced its full-line supply capabilities, and optimized its internal production processes.

MPS Meat Processing Systems, which reported an EBITDA margin of [members only] in 2009, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Industry & Manufacturing sector (11.7x in 2026).

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Target

MPS Meat Processing Systems is based in the Netherlands and operates as a prominent global leader in designing, manufacturing, and implementing primary processing solutions, specifically tailored for the pork and beef industries. The company's comprehensive product and service portfolio extends to innovative systems for blood collection, food logistics, and industrial wastewater treatment, alongside dedicated aftersales services and spare parts. Positioned as a specialized authority in meat processing technology, the business caters to a large installed base of nearly 2,000 active customers globally, having successfully executed over 5,000 projects across more than 100 countries. With a reputation for best-in-class engineering, exceptional project management, and deep technological know-how in food processing, the entity demonstrates an agile organizational structure capable of adapting swiftly to dynamic market conditions.

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

2009

2008

Other operations with MPS Meat Processing Systems

Other operations with MPS Meat Processing Systems
Date	Acquirer	Target	Country	Sector
11/2015	MAREL	MPS MEAT PROCESSING SYSTEMS	NETHERLANDS	Food & Beverage Lines

Other operations with Equistone

Other operations with Equistone
Date	Acquirer	Target	Country	Sector
07/2022	EQUISTONE / ALPINVEST	SICAME	FRANCE	Electrical Equipment
06/2022	EQUISTONE / IK PARTNERS / SAGARD / EMZ PARTNERS / SOCIETE GENERALE CAPITAL PARTENAIRES	SAFIC-ALCAN	FRANCE	Specialty Chemicals
07/2021	EQUISTONE	VERTBAUDET	FRANCE	Fashion & Apparel
09/2019	EQUISTONE	ACCES INDUSTRIE	FRANCE	Equipment Rental
08/2019	EQUISTONE / SAGARD	VULCAIN INGENIERIE	FRANCE	Engineering & Consulting
02/2019	EQUISTONE	COURIR	FRANCE	Sport
04/2018	EQUISTONE	KARAVEL	FRANCE	Tour Operators
07/2017	EQUISTONE	GROUPE BRUNEAU	FRANCE	Office Supplies & Furniture
07/2016	EQUISTONE / GEI	ADISTA	FRANCE	MSP (Managed Services)
01/2016	EQUISTONE	NOVARES	FRANCE	Auto Parts & Systems

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REFERENCES

Revenue range: REV €50–100M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MPS Meat Processing Systems 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

Acquirer: equistone

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in MPS Meat Processing Systems, a Dutch company specialised in Process Engineering & Production Lines, by Equistone in 2010, structured as a leveraged buyout (LBO). Ownership has since evolved, leading to a subsequent transaction with Marel in November 2015 (see the dedicated deal page for details).

What was MPS Meat Processing Systems’s revenue at the time of the deal?

At the time of the transaction, MPS Meat Processing Systems’s annual revenue was estimated within the €50–100M range (FY 2009). Detailed financial figures are available to members.

How does the valuation of MPS Meat Processing Systems compare to benchmarks in the Industry & Manufacturing sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. By way of comparison, in 2026 companies in the Industry & Manufacturing sector are valued at a multiple of 11.7x EBITDA.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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