At what enterprise value was SOLINA GROUP acquired in 2015?

During the acquisition of SOLINA GROUP by ARDIAN in 2015, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the AgriFood industry currently tracks an average EBITDA multiple of 10.7x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SOLINA GROUP when it was acquired by ARDIAN?

The exact EV/EBITDA multiple for SOLINA GROUP is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.7x. Join our community for free to access full valuation data and industry trends.

When was SOLINA GROUP acquired by ARDIAN?

SOLINA GROUP was acquired by ARDIAN in 2015.

What was the revenue of SOLINA GROUP at the time of the deal?

The revenue of SOLINA GROUP at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SOLINA GROUP 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 SOLINA GROUP 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://www.lesechos.fr/2015/10/agroalimentaire-solina-en-passe-detre-repris-par-le-fonds-ardian-255570

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Home Database AgriFoodSOLINA GROUP

10/2015

SOLINA GROUP acquired by ARDIAN

FRANCE Food Processing / Ingredients EV 500M - 1.5b EUR

Context

Ardian has entered into exclusive negotiations to acquire a majority stake in Solina Group from IK Investment Partners. This transaction marks the fifth Leveraged Buyout (LBO) in the company's history, highlighting its consistent cash flow generation and attractiveness to financial sponsors. Under the proposed structure, the management team will reinvest to retain approximately 15% of the capital (down from 27%). The acquisition is driven by a 4-5 year strategic plan focused on international expansion, specifically targeting new production facilities in Turkey and Russia to localize manufacturing and bypass geopolitical trade barriers.

In the past, the company underwent an LBO led by Ik Partners in 2011, and continued an active consolidation strategy by notably acquiring Sfk Food (2014).

SOLINA GROUP, which reported an EBITDA margin of in 2014, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (10.7x).

-> Deep-dive in AgriFood market trends

Target

Headquartered in Brittany, France, Solina is a leading European producer of savory ingredients for the food industry. The group designs and manufactures customized ingredient solutions (seasonings, marinades, coatings, sauces) for clients ranging from local butchers and food service providers to major multinational food manufacturers (e.g., PepsiCo). At the time of the deal, Solina operated 25 production sites and R&D centers across Europe and Canada, employed 2,250 people, and served over 18,000 customers. The company is known for its "culinary" approach to Corporate ingredients.

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Other operations with SOLINA GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2021	ASTORG	SOLINA GROUP	FRANCE	Ingredients
05/2015	SOLINA GROUP	PAULIG GROUP - Corporate FLAVORING DIVISION	FINLAND	Ingredients
02/2014	SOLINA GROUP	SFK FOOD	DENMARK	Ingredients
07/2011	IK PARTNERS	SOLINA GROUP	FRANCE	Ingredients

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOLINA GROUP by ARDIAN 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: ardian