At what enterprise value was OEDIPUS acquired in 2023?

You can find the full valuation details of OEDIPUS on mynth capital. 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 10.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of OEDIPUS when it was acquired by HEINEKEN?

The exact EV/EBITDA multiple for OEDIPUS is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.5x. Join our community for free to access full valuation data and industry trends.

When was OEDIPUS acquired by HEINEKEN?

OEDIPUS was acquired by HEINEKEN in 2023.

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 OEDIPUS 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 OEDIPUS 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.foodbusinessafrica.com/heineken-acquires-controlling-shares-in-oedipus-brewery/

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Home Database AgriFoodOEDIPUS

06/2023

OEDIPUS acquired by HEINEKEN

NETHERLANDS Food Processing / Beverages / Wines & Spirits REV 1m EUR - 100m EUR

Context

Heineken N.V. strengthened its position in the craft beer segment through the acquisition of the remaining shares of Oedipus Brewing, having previously held a minority stake since 2019. Based in Amsterdam, Oedipus has established itself as a recognised craft beer brand through its distinctive identity, community-driven culture and portfolio of differentiated products, building a loyal consumer base in the Dutch market. The transaction takes place against a backdrop of increasing consolidation within the craft brewing sector, which has faced pressure from rising raw material, energy and labour costs. The partnership initiated in 2019 had already enabled Oedipus to diversify its distribution channels by expanding into retail while preserving its independent brand image and strong connection with consumers. For Heineken, the acquisition forms part of a broader strategy to increase exposure to premium and craft beer categories alongside its core portfolio. Oedipus contributes a highly differentiated brand, an engaged consumer community and recognised product innovation capabilities. The transaction also provides Oedipus with greater access to procurement, distribution and investment resources to support its next phase of growth and production expansion.

As a reminder, the company was previously acquired by Heineken in 2019 as part of its expansion strategy.

OEDIPUS, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.5x).

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

Oedipus Brewing is a Dutch craft brewery based in Amsterdam, focused on premium craft beer production. The company has built a distinctive position within the Dutch beer market through a strong brand identity combining brewing innovation, artistic expression and local cultural engagement. Its flagship products, including Mannenliefde, Thai Thai and Gaia, have established the brand among urban consumers and craft beer enthusiasts. Headquartered in Amsterdam, Oedipus operates brewing and hospitality facilities while distributing its products through a multi-channel network spanning retail, foodservice and direct-to-consumer channels. Originally focused on the domestic market, the company has expanded its visibility through premium positioning and community-driven marketing initiatives centred around culture, events and creative collaborations.

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Other operations with OEDIPUS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2019	HEINEKEN	OEDIPUS	NETHERLANDS	Food Processing	Heineken N.V., a global brewing group, acquired a minority stake in Oedipus Brewing in 2019, an independent Amsterdam-based craft brewery rooted in the Dutch urban craft beer scene. The transaction reflects a strategic investment into a high-identity craft player positioned in differentiated beer segments. Heineken’s minority investment took place in a context of accelerating craft beer growth in the Netherlands, characterised by market fragmentation and the emergence of numerous microbreweries. For Oedipus, the transaction provided access to growth capital to support production capacity expansion, while enabling broader commercial reach through Heineken’s distribution infrastructure. The deal reflects Heineken’s strategy of investing in high-identity premium brands without immediate control, aimed at capturing craft-driven premiumisation trends. Oedipus remains an independent brewery with its own management and creative positioning, while benefiting from the industrial and commercial capabilities of a global brewing group.

REFERENCES

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of OEDIPUS by HEINEKEN 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: oedipus

Acquirer: heineken