At what enterprise value was NIACET acquired in 2021?

During the acquisition of NIACET by KERRY GROUP in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b 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 10.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of NIACET when it was acquired by KERRY GROUP?

The estimated EV/EBITDA multiple for NIACET is in the range of 15x - 25x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.8x. Join our community for free to access full valuation data and industry trends.

When was NIACET acquired by KERRY GROUP?

NIACET was acquired by KERRY GROUP in 2021.

What was the revenue of NIACET at the time of the deal?

The revenue of NIACET at the time of the deal is estimated to be in the range of 150M - 250M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of NIACET during the acquisition?

NIACET's EBITDA is estimated to be in the range of 50M - 100M 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 NIACET 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 NIACET 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.kerry.com/media/Kerry-reaches-agreement-to-acquire-Niacet-for-853m.pdf

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Home Database AgriFoodNIACET

06/2021

NIACET acquired by KERRY GROUP

UNITED STATES Food Processing / Ingredients EV 1b - 4b USD

Context

Kerry Group has reached an agreement to acquire Niacet Corp. from SK Capital Partners and other shareholders.This acquisition integrates Niacet's leadership in preservation technologies—particularly in Bakery and Pharma—into Kerry's global food protection platform. The deal is strategically aligned with Kerry's focus on food safety and waste reduction. Niacet's complementary portfolio of conventional organic acids and clean label solutions will enhance Kerry's ability to serve the growing market for food preservation, including plant-based alternatives. The transaction is expected to be accretive to adjusted EPS in year one.

NIACET, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.8x).

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.

-> Deep-dive in AgriFood market trends

Target

Niacet is a global market leader in technologies for food preservation and shelf-life extension. Differentiated by its proprietary drying and granulation process technologies, the company holds clear leadership positions in the Bakery and Pharmaceutical sectors. It also provides cost-effective low-sodium preservation systems for Meat and plant-based food, offering both conventional and clean label solutions. With over 80 years of experience in organic acids, Niacet serves customers in over 75 countries and operates key manufacturing sites in Niagara Falls (USA) and Tiel (The Netherlands).

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Similar deals in AgriFood

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
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05/2021	BAIN CAPITAL	VALEO FOODS GROUP	IRELAND	Food Processing	Bain Capital Private Equity has agreed to acquire Valeo Foods Group from CapVest Partners. This acquisition marks the exit of CapVest, which created Valeo in 2010 and grew it from EUR200m to EUR1.1bn in sales through a buy-and-build strategy
05/2021	OLAM FOOD INGREDIENTS (OFI)	OLDE THOMPSON	UNITED STATES	Food Processing	Olam Food Ingredients completed the acquisition of the U.S. spices blender Olde Thompson. Rationale underscores transformative synergies: OFI's farm-gate origination and sustainable spice chain merges with Olde Thompson's blending mastery and customer intimacy, unlocking comprehensive natural flavour portfolios amid surging demand for traceable retail staples
05/2021	ASTORG	SOLINA GROUP	FRANCE	Food Processing	Astorg has entered into exclusive negotiations to acquire a majority stake in Solina from Ardian in a transaction valuing the company at approximately EUR1.7 billion. This deal marks Solina's sixth LBO, highlighting its consistent growth trajectory under private equity ownership
04/2021	NACTAROME GROUP	TASTECONNECTION	UNITED KINGDOM	Food Processing	Ambienta-backed Nactarome Group completed the acquisition of TasteConnection from its founders, marking its fourth add-on in 2.5 years and establishing a UK industry hub. Transaction facts detail full ownership transfer of the seasonings specialist, integrating its Gloucestershire facility adjacent to Nactarome's existing operations for streamlined synergies
04/2021	TPG	THE MADE GROUP	AUSTRALIA	Food Processing	TPG Capital has acquired a majority stake in Made Group from its historical shareholders, including The Coca-Cola Company, Coca-Cola Amatil, as well as the company's founders and management team. This transaction marks a new chapter in the growth story of this Australian specialist in premium health and wellness beverages, while allowing the management team to retain a significant equity stake
04/2021	CREDIT MUTUEL EQUITY	CHARLES & ALICE	FRANCE	Food Processing	After 8 years under Equistone's control, the management team, led by Thierry Goubault, initiated a buyout alongside Credit Mutuel Equity. Management would then hold 40% of the capital, while the investment firm would acquire approximately 60%

REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 150M - 250M USD

EBITDA range: 50M - 100M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NIACET by KERRY GROUP 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).