The acquisition of Panificadora Popular represents the fifth strategic transaction strengthening the rapidly expanding food platform of Grupo Mayrit Inversiones Alimentarias (MIA Food). This deal is driven by a “category completion” strategy, combining Panificadora Popular’s recognized technical expertise in pre-cooked and specialty breads with MIA Food’s established capabilities in national distribution and pastry infrastructure. This combination enables MIA Food to equip itself with the technical know-how and industrial capabilities required to effectively meet the growing demand for “ready-to-finish” bakery products within the HORECA (Hotel, Restaurant, Café) segment. The integration of Panificadora Popular’s specialized production lines, located in Getafe, marks a key milestone in MIA Food’s ambition to become a leading, full-spectrum bakery supplier. The transaction also strengthens the group’s financial profile by incorporating a profitable, century-old company that generates immediate logistical synergies within the Madrid metropolitan area. While maintaining its operational autonomy, Panificadora Popular will benefit from MIA Food’s group-wide strengths, particularly in centralized procurement and international expansion capabilities, building on the foundation established through previous acquisitions.

This transaction is part of the AgriFood industry, which currently tracks an average EBITDA multiple of 10.1x since the beginning of 2026, 9.8% decrease compared to 2025. 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.