At what enterprise value was EAT HAPPY GROUP acquired in 2026?

You can find the full valuation details of EAT HAPPY GROUP on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. 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 EAT HAPPY GROUP when it was acquired by ONE ROCK CAPITAL PARTNERS?

The estimated EV/EBITDA multiple for EAT HAPPY GROUP is in the range of 10x - 18x. 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 EAT HAPPY GROUP acquired by ONE ROCK CAPITAL PARTNERS?

EAT HAPPY GROUP was acquired by ONE ROCK CAPITAL PARTNERS in 2026.

What was the EBITDA of EAT HAPPY GROUP during the acquisition?

EAT HAPPY GROUP's EBITDA is estimated to be in the range of 100M - 200M EUR. 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 EAT HAPPY GROUP 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 EAT HAPPY GROUP 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.onerock.com/news/eat-happy-group-and-hana-europe-enter-into-exclusive-negotiations-to-create-a-pan-european-fresh-asian-convenience-food-platform-with-support-from-one-rock-capital-partners/

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Home Database AgriFoodEAT HAPPY GROUP

04/2026

ONE ROCK CAPITAL PARTNERS takes majority stake in EAT HAPPY GROUP

GERMANY Food Processing / Food Products EV 1b - 4b EUR

Context

The transaction is structured as a significant strategic investment by One Rock Capital Partners into Eat Happy Group to simultaneously fund the acquisition of Hana Group's European operations. This corporate combination merges two highly complementary convenience food providers to establish an integrated pan-European fresh food platform. The institutional capital injection secures the necessary funding to combine corporate assets without overleveraging the target's balance sheet. Upon completion, the combined operating structure will control approximately 5,800 points of sale across fourteen European nations. This expanded geographic reach offers immediate diversification by introducing the Eat Happy brand into premium markets including France, the United Kingdom, and Spain. The industrial integration combines Hana's live-cooking kiosk expertise with the German operator's established chiller and shop-in-shop distribution formats. Supermarket partners will gain access to a highly flexible product assortment, maximizing retail sales volumes per square meter of store floor. Closing remains subject to mandatory consultations with relevant European works councils and customary anti-trust regulatory clearances. Willkie Farr & Gallagher provides exclusive legal advisory services to the acquiring sponsor.

EAT HAPPY GROUP, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN 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

Eat Happy Group, based in Germany, operates as a producer and distributor of freshly prepared Asian convenience food concepts sold through retail grocery store footprints and supermarket kiosks. The company installs autonomous shop-in-shop modules and dedicated chiller units directly within high-traffic grocery aisles. This physical placement converts routine supermarket foot traffic into immediate, high-margin food transactions at the point of care. The retail network spans approximately 4,300 points of sale across seven European countries under regional brands including Yuzu and Wakame.

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Other operations with EAT HAPPY GROUP

Date	Acquirer	Target	Country	Sector	Deal Context
05/2026	EAT HAPPY GROUP	HANA GROUP EUROPE	FRANCE	Food Processing	The combination of Eat Happy and Hana’s European business establishes a unified pan-Asian convenience platform encompassing approximately 5,800 points of sale across 14 European nations. This transaction represents a complete equity realization for Permira Funds within the European market following an expansion period since 2019. The consolidation merges Hana’s deep footprint in Western Europe with Eat Happy’s established network in Central Europe. Blending these complementary operational networks removes regional redundancies and deepens the product matrix offered to major grocery corporations. Retail partners gain access to a flexible dual-format solution pairing manned culinary kiosks with high-velocity automated chillers. The expanded scale increases purchasing power over volatile global seafood supply lines. One Rock Capital Partners structures this strategic investment to capture resilient consumer demand for healthy convenience foods. Combining these operating platforms mitigates the margin compression caused by rising labor costs in decentralized food preparation. The integrated entity holds a dominant market position positioned to secure long-term exclusivity agreements with consolidated European retail monopolies.

REFERENCES

Valuation range: EV 1b - 4b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EAT HAPPY GROUP by ONE ROCK CAPITAL PARTNERS 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).

Press release: view release

Target: eat happy group

Acquirer: one rock capital partners