At what enterprise value was PANAMAR BAKERY GROUP acquired in 2026?

You can find the full valuation details of PANAMAR BAKERY GROUP 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 10.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PANAMAR BAKERY GROUP when it was acquired by BRIDOR?

The exact EV/EBITDA multiple for PANAMAR BAKERY GROUP is available on mynth capital. 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 PANAMAR BAKERY GROUP acquired by BRIDOR?

PANAMAR BAKERY GROUP was acquired by BRIDOR in 2026.

What was the revenue of PANAMAR BAKERY GROUP at the time of the deal?

The revenue of PANAMAR BAKERY GROUP at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of PANAMAR BAKERY GROUP during the acquisition?

PANAMAR BAKERY 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 PANAMAR BAKERY 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 PANAMAR BAKERY 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.groupeleduff.com/actualites/bridor-renforce-sa-place-dacteur-mondial-de-la-boulangerie-viennoiserie-premium-avec-lacquisition-du-groupe-panamar-bakery-espagne

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Home Database AgriFoodPANAMAR BAKERY GROUP

03/2026

PANAMAR BAKERY GROUP

Acquired by

BRIDOR

SPAIN Food Processing / Food Products / Bakery / Pastry REV 450M - 900M EUR

PANAMAR BAKERY GROUP acquired by BRIDOR

SPAIN Food Processing / Food Products / Bakery / Pastry REV 450M - 900M EUR

Context

BRIDOR has announced the acquisition of PANAMAR BAKERY GROUP for an enterprise value exceeding €1 billion, making it the largest transaction in the history of the LE DUFF Group. This landmark deal integrates 11 Spanish production sites and 2,600 employees into Bridor’s existing network, creating a global powerhouse with a combined turnover of €2.5 billion in 2026. The strategic rationale for the deal is rooted in the "Premiumization" of the frozen bakery market and the capture of the highly resilient Spanish tourism and retail channels. By acquiring the Valencian leader, Bridor immediately gains access to a competitive export hub via the Port of Valencia and adds 1,200 specialized references to its global portfolio. This acquisition is the fifth major move in a multi-year global investment plan, following recent entries into Australia and the Netherlands. The partnership is designed to harmonize high-volume industrial excellence with traditional bakery craftsmanship, effectively cementing Bridor’s undisputed leadership in the professional food service and premium retail sectors worldwide.

PANAMAR BAKERY GROUP, which reported an EBITDA margin of LOGIN in 2026, 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 (10.6x).

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.

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Target

Panamar Bakery is a premier Spanish manufacturer and distributor of frozen bakery products, bread, and pastries. The group operates an integrated production and distribution network featuring 11 specialized factories with an annual production capacity of 350,000 tons. Serving the retail, hospitality (HORECA), and traditional bakery sectors, the company offers a vast catalog of over 1,200 references. While 90% of its sales are concentrated in the dynamic Spanish market—leveraging the country’s status as a top global tourist destination—it also exports to more than 20 countries. Strategically located near the competitive Port of Valencia, the group utilizes its logistics strength to maintain high quality standards across its four core brands, positioning itself as a key industrial pillar for frozen dough and high-volume premium bakery solutions in Southern Europe.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

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2026

2025

Other operations with PANAMAR BAKERY GROUP

REFERENCES

Revenue range: 450M - 900M 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 PANAMAR BAKERY GROUP by BRIDOR 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).

Acquirer: bridor