SAVEL acquired by UNEXO & UNIGRAINS
Context
Groupe SAVEL has opened its capital for the first time to a consortium composed of UNEXO and Unigrains. This minority investment allows the company's President, Marc Léon, to strengthen his position while the family shareholders retain a broad majority. The transaction was supported by a pool of regional banks led by Crédit Agricole du Finistère. The strategic rationale for the partnership is to accelerate the group's development through both organic and inorganic growth. Key focus areas include consolidating its leadership in niche poultry species, diversifying into processed food products, and optimizing logistics. The influx of capital will also support further acquisitions to complement the group’s product range and gain access to new client segments in the catering and retail sectors.
SAVEL, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.7x).
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.
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Target
Founded in 1968 and based in Brittany, Groupe SAVEL is a leading French specialist in the processing and distribution of niche poultry species. The group’s business model focuses on "specialty poultry," including cockerels, guinea fowl, and slow-growing yellow chickens, distinguishing itself from mass-market industrial poultry. Operating as a fully integrated player from upstream to downstream, SAVEL relies on a network of over 150 exclusive breeders near its five production sites. Its value proposition is built on high-quality standards and regional expertise, primarily serving the out-of-home catering (HORECA) sector and international export markets. Recent strategic acquisitions, such as La Toque Bretonne and Béziau, have allowed the group to expand into the turkey market and strengthen its footprint in the Western France region.
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Historical Financials (EUR)
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REFERENCES
Revenue range: 100M - 200M EUR
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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).
Press release: view release