At what enterprise value was OLDE THOMPSON acquired in 2021?

You can find the full valuation details of OLDE THOMPSON on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b 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 10.6x, providing a valuable benchmark for this transaction.

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. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.6x. Join our community for free to access full valuation data and industry trends.

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. 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 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/

← DATABASE

Home Database AgriFoodOLDE THOMPSON

05/2021

OLDE THOMPSON

Acquired by

OLAM FOOD INGREDIENTS (OFI)

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

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 LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the average currently observed in the AgriFood sector (10.6x).

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

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.

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Historical Financials (USD)

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2020

Other operations with OLDE THOMPSON

REFERENCES

Valuation range: EV 500M - 1.5b USD

EBITDA range: 50M - 100M USD

Note: Detailed and exact financial metrics (Enterprise Value, Revenue, EBITDA, and precise Multiples) are reserved for Mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).