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NIACET

Acquired by

KERRY GROUP

UNITED STATES Food Processing EV [1b USD - 100b USD] 06/2021

Target

NIACET

Acquirer

KERRY GROUP

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 premium to the 10.1x average currently observed in the AgriFood sector.

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

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).

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
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2021
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2020
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Other operations with NIACET

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.