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M&A

RICHELIEU FOODS

Acquired by

SÜDZUCKER

UNITED STATES Food Processing EV [100m USD - 500m USD] 11/2017

Target

RICHELIEU FOODS

Acquirer

SÜDZUCKER

Context

Sudzucker AG, through its wholly-owned subsidiary Freiberger USA Inc., has acquired 100% of Richelieu Foods Inc. from the private equity firm Centerview Capital. This acquisition marks Freiberger's strategic entry into the US market, the world's largest pizza market. Richelieu's strong position in US private label pizza complements Freiberger's leadership in the European private label pizza market.

The transaction values RICHELIEU FOODS at an EV/Revenue multiple of LOGIN.

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.

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Target

Richelieu Foods is a leading US food manufacturer serving the private label (retailer brand) and foodservice markets. It is the largest producer of private label frozen pizza in the United States. In addition to pizza, the company manufactures sauces, dressings, and marinades. It operates five manufacturing facilities across the US (Wisconsin, Ohio, Iowa) and employs approximately 900 people.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2016
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2015
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Other operations with RICHELIEU FOODS

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.