mynth
← DATABASE
07/2024

PANIFICADORA POPULAR acquired by GRUPO MAYRIT INVERSIONES ALIMENTARIAS

SPAIN Food Processing / Food Products / Bakery / Pastry REV €5–25M

Context

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.

PANIFICADORA POPULAR, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Panificadora Popular is a Spanish company specialized in industrial and artisanal bakery. The company stands out in its market by preserving traditional recipes while adapting them to modern, large-scale production techniques. Instead of competing solely on volume, they thrive on a philosophy of “specialty bread,” developing a high-fidelity catalog that includes Candeal, Rústica, and Hogaza varieties. What makes them a go-to partner for the hospitality sector is their mastery of the pre-cooked bread segment, which allows end-users to deliver a freshly baked experience with industrial consistency.

Ent. Value

€5–25M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
€5–25M
[members only]
[members only]
2022
€5–25M
[members only]
[members only]

Similar deals in Food Processing

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
09/2024VALEO FOODS GROUPI.D.C. HOLDINGSLOVAKIAFood Products
08/2024CINVENVITAMIN WELLSWEDENSoft Drinks
07/2024AUSNUTRIA DAIRYAMALTHEANETHERLANDSDairy
07/2024TOWERBROOKIDAK FOOD GROUPSWITZERLANDFood Products
07/2024NEWPRINCES GROUPPRINCESUNITED KINGDOMFood Products
07/2024EMMI GROUPMADEMOISELLE DESSERTSFRANCEBakery / Pastry
06/2024IDILIA FOODSGRUPO CACAOLATSPAINSoft Drinks
04/2024GLANDIA NUTRITIONALSFLAVOR PRODUCERSUNITED STATESIngredients
04/2024BRIDORPANDRIKSNETHERLANDSBakery / Pastry
04/2024CAMPARI GROUPCOURVOISIERFRANCEWines & Spirits

REFERENCES

Revenue range: €5–25M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PANIFICADORA POPULAR by GRUPO MAYRIT INVERSIONES ALIMENTARIAS 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.

Acquirer: grupo mayrit inversiones alimentarias