Who owns OLDE THOMPSON?

OLDE THOMPSON has been 100% owned by OLAM FOOD INGREDIENTS (OFI) since May 2021.

At what enterprise value was OLDE THOMPSON acquired in 2021?

During the acquisition of OLDE THOMPSON by OLAM FOOD INGREDIENTS (OFI) in 2021, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b USD.

What was the EV/EBITDA of OLDE THOMPSON when it was acquired by OLAM FOOD INGREDIENTS (OFI)?

The estimated EV/EBITDA multiple for OLDE THOMPSON is in the range of 10x - 18x.

When was OLDE THOMPSON acquired by OLAM FOOD INGREDIENTS (OFI)?

OLDE THOMPSON was acquired by OLAM FOOD INGREDIENTS (OFI) in 2021.

What was the EBITDA of OLDE THOMPSON during the acquisition?

OLDE THOMPSON's EBITDA is estimated to be in the range of 50M - 100M USD.

How is the data for the OLDE THOMPSON 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 OLDE THOMPSON 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.fooddive.com/news/olam-to-buy-private-label-spice-maker-olde-thompson-for-950m/599289/

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodOLDE THOMPSON

05/2021

OLDE THOMPSON acquired by OLAM FOOD INGREDIENTS (OFI)

UNITED STATES Food Processing / Ingredients EV 500M - 1.5b USD

Context

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. Timing leverages post-pandemic pantry-loading and clean-label acceleration; post-deal goals encompass expanded offerings, retail value co-creation, and EBITDA synergies via optimized supply.

OLDE THOMPSON, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Olde Thompson, a leading U.S.-based manufacturer of private label spices and seasonings, specializes in blending, grinding, and packaging solutions for retail brands seeking bold, authentic flavours. The company produces a comprehensive range of spice mixes, herbs, peppers, salts, and custom formulations, leveraging advanced facilities to deliver traceable, natural products for everyday pantry staples. With deep roots in the consumer goods supply chain, it caters to major grocers demanding consistency and innovation in shelf-stable seasonings. Its model focuses on end-to-end customization from sourcing to final pack, optimizing for retail velocity. Strategically, it emphasizes traceability and sustainability to meet clean-label demands, driving repeat business amid premium spice trends.

Ent. Value

Equity Value

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EV / EBIT

Historical Financials (USD)

Year

Rev

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2021

2020

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04/2021	NACTAROME GROUP	TASTECONNECTION	UNITED KINGDOM	Ingredients
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REFERENCES

Valuation range: EV 500M - 1.5b 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 OLDE THOMPSON by OLAM FOOD INGREDIENTS (OFI) 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.

Target: olde thompson