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10/2017

ORIENTIS GOURMET acquired by NEXT WORLD EVERGREEN

FRANCE Food Processing / Beverages / Coffee & Tea EV 50M - 150M EUR

Context

Next World Evergreen, a private‑market investor with a permanent‑capital structure and a focus on retail and consumer‑goods brands, invested EUR 20 million in Orientis Gourmet, the holding company behind the Kusmi Tea and LØv Organic brands. The transaction is structured as a minority stake, with the Orebi family remaining the majority and controlling shareholder, and the capital injection deployed primarily through an equity increase. The investment is part of a broader strategy to accelerate the international rollout of Kusmi Tea, including deeper penetration in the German market, where the brand already enjoys strong margin potential, and the expansion of franchise‑driven boutique networks in Asia, with entries in Korea scheduled for 2018 through a partnership with Blue Bell. Orientis Gourmet plans to allocate around EUR 6 million over three years to modernize its blending, flavoring, and packaging lines at the Saint‑Vigor‑d’Ymonville site, including the introduction of automated sachet‑filling equipment, which allows the group to bring previously outsourced pouch‑making activities back to France while maintaining cost equivalence.

ORIENTIS GOURMET, which reported an EBITDA margin of in 2016, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (10.7x).

-> Deep-dive in AgriFood market trends

Target

Kusmi Tea is a French premium tea brand and lifestyle‑driven consumer‑good company operating under the parent group Orientis Gourmet. The brand specializes in high‑quality loose‑leaf teas, infusions, and specialty blends, positioning itself at the upper end of the tea market with a strong focus on design, flavor innovation, and a refined, contemporary identity. Kusmi Tea products are based on teas imported from origin countries such as China, India, and Ceylon, then blended, aromatized, and packaged at Orientis Gourmet’s industrial site in Saint‑Vigor‑d’Ymonville near Le Havre, which handles the full production chain from blending to sachet‑filling and logistics. The company also owns the bio‑oriented brand LØv Organic, which strengthens its positioning in the natural and organic tea segment. Kusmi Tea sells through a mixed‑channel model, including its own network of approximately 100 shops worldwide (in 2017, with around 70 in France), concessions in major Parisian department stores, Monoprix, and other specialty retailers, as well as e‑commerce.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ORIENTIS GOURMET by NEXT WORLD EVERGREEN 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: orientis gourmet

Acquirer: next world evergreen