Who owns PANZANI ALIMENTATION SANTÉ?

PANZANI ALIMENTATION SANTÉ has been 100% owned by MIDSONA since July 2019.

At what enterprise value was PANZANI ALIMENTATION SANTÉ acquired in 2019?

During the acquisition of PANZANI ALIMENTATION SANTÉ by MIDSONA in 2019, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

What was the EV/EBITDA of PANZANI ALIMENTATION SANTÉ when it was acquired by MIDSONA?

The estimated EV/EBITDA multiple for PANZANI ALIMENTATION SANTÉ is in the range of 10x - 18x.

When was PANZANI ALIMENTATION SANTÉ acquired by MIDSONA?

PANZANI ALIMENTATION SANTÉ was acquired by MIDSONA in 2019.

What was the revenue of PANZANI ALIMENTATION SANTÉ at the time of the deal?

The revenue of PANZANI ALIMENTATION SANTÉ at the time of the deal is estimated to be in the range of 25M - 50M EUR.

What was the EBITDA of PANZANI ALIMENTATION SANTÉ during the acquisition?

PANZANI ALIMENTATION SANTÉ's EBITDA is estimated to be in the range of 0M - 5M EUR.

How is the data for the PANZANI ALIMENTATION SANTÉ 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 PANZANI ALIMENTATION SANTÉ 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://mb.cision.com/Main/171/2868006/1081133.pdf

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesPANZANI ALIMENTATION SANTÉ

07/2019

PANZANI ALIMENTATION SANTÉ acquired by MIDSONA

FRANCE B2B Specialized Distribution EV 50M - 150M EUR

Context

Midsona acquired 100% of the share capital of Alimentation Santé from Panzani SAS. The transaction was structured via a definitive share purchase agreement executed on a debt-free and cash-free basis, with the total consideration settled entirely in cash at closing. To finance the acquisition, Midsona secured a short-term bank bridge loan, which was later refinanced through an equity rights issue backed by its majority shareholder, Stena Adactum AB. This acquisition enabled the immediate integration of Alimentation Santé into Midsona's expanding European network as a standalone operating entity. Long-standing Managing Director Marjolaine Cevoz Goyat retained her position at the operational helm to ensure continuity across regional business activities.

PANZANI ALIMENTATION SANTÉ, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

Panzani Alimentation Santé is a premier European corporate platform specializing in the development, manufacture, and multi-channel commercialization of premium 100% organic and plant-based food products. Operating through prominent wholly owned operating subsidiaries, notably Celnat in France and Vegetalia and Satoki in Spain, the company controls an extensive and diversified portfolio of high-growth product categories. Its commercial offerings range from pioneer dry grocery staples, breakfast cereals, flaked grains, and organic flour to highly technical fresh plant-based meat alternatives and vegetable proteins, including tofu, seitan, and tempeh. With institutional roots tracing back to 1979, the group runs sophisticated, specialized manufacturing assets across Southern Europe, utilizing a workforce of approximately 150 employees to drive

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 25M - 50M 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 PANZANI ALIMENTATION SANTÉ by MIDSONA 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: midsona