PLASMON acquired by NEWPRINCES GROUP
Context
NewPrinces Group has completed the acquisition of Kraft Heinz's infant food business. The transaction reunites the Plasmon brand with the Ozzano Taro production plant (already owned by Newlat), creating a fully integrated Italian baby food champion. As part of the deal, NewPrinces will continue to manufacture Heinz Baby Food for the UK market under a co-packing agreement at the acquired Latina facility.
The acquisition of Plasmon is part of the growth strategy of Newprinces Group, which already has several external growth operations under its belt, notably Diageo Operations Italy in 2025.
PLASMON, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.9x).
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.
-> Deep-dive in AgriFood market trends
Target
Plasmon is Italy's leading baby food brand, famously known for its iconic infant biscuits ("Biscotto Plasmon"). Founded in 1902, it holds a dominant market share in Italy. The deal includes the brands (Plasmon, Nipiol, Dieterba) and the manufacturing facility in Latina, which produces ~1.8 billion biscuits annually.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Similar deals in AgriFood
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 01/2026 | FRIULIA | PINTAUDI | ITALY | Food Processing | Friulia has completed a strategic investment in Pintaudi S.r.l., the premium bakery subsidiary of Polo del Gusto (Riccardo Illy). Following the transaction, Polo del Gusto retains control with 63.4% (diluted from 97 |
| 01/2026 | IDAK FOOD GROUP | ONORE | FRANCE | Food Processing | IDAK Food Group entered exclusive negotiations to acquire a majority stake in Onore from Waterland Private Equity and the management team. The transaction creates a diversified European leader in premium frozen food, combining IDAK's strengths in Switzerland and Italy with Onore's leadership in France and the UK |
| 12/2025 | ANHEUSER-BUSCH INBEV (AB INBEV) | BEATBOX BEVERAGES | UNITED STATES | Food Processing | Anheuser-Busch InBev has entered into a definitive agreement to purchase an 85% majority stake in BeatBox Beverages for $490m. This transaction integrates one of the fastest-growing independent RTD brands into AB InBev's "Beyond Beer" portfolio, alongside assets like Cutwater Spirits |
| 12/2025 | SOLUM PARTNERS | GREENYARD | BELGIUM | Food Processing | This take-private transaction transitions Greenyard NV from a public listing on Euronext Brussels into a closely held corporate structure, executing a strategic buy-out engineered by Solum Partners alongside the founding Deprez family to reset the company's capital allocation strategy |
| 12/2025 | VALSOIA | KREPKO | SLOVENIA | Food Processing | Valsoia has acquired a 70% stake in Kele & Kele, the holding company of the Krepko dairy. The founding family retains a 30% stake and will continue to manage operations for at least three years, after which Valsoia has an option to acquire the remaining shares |
| 12/2025 | EUROPE CAPITAL PARTNERS | ESCA | ITALY | Food Processing | Europe Capital Partners VII has acquired a majority stake in ESCA S.r.l. from the founding shareholders. The brothers Giuseppe and Patrizio Patrizi have reinvested to retain a minority stake and will continue in their operational roles (Plant Director and Commercial Director, respectively) |
| 11/2025 | NEXTURE | FRULACT | PORTUGAL | Food Processing | Investindustrial, through its ingredient holding company Nexture, has agreed to acquire Frulact from Ardian. Nexture prevailed in a competitive process against finalists including the Jose de Mello Group and IK Partners |
| 11/2025 | INVESTCorporate | TREEHOUSE FOODS | CANADA | Food Processing | Investindustrial has entered into a definitive agreement to acquire TreeHouse Foods. This take-private deal removes the largest private-label manufacturer from the stock exchange, providing shareholders with a substantial premium |
| 11/2025 | CAMLIN FINE SCIENCES | VINPAI | FRANCE | Food Processing | Camlin Fine Sciences (CFSL) completed the acquisition of a 78.68% majority stake in Vinpai from existing shareholders. Following this block acquisition, CFSL will convert its convertible bonds on December 1, 2025, increasing its ownership to 83 |
| 10/2025 | LT FOODS | GLOBAL GREEN EUROPE | HUNGARY | Food Processing | LT Foods has agreed to acquire 100% of the equity in Global Green Europe Kft. This acquisition provides LT Foods with a third European manufacturing hub (after UK and Netherlands), offering a lower-cost production base in Central Europe |
REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 5M - 25M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PLASMON by NEWPRINCES GROUP are reserved for mynth community members. Register for free to unlock full data.
Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Target: plasmon
Acquirer: newprinces group