SUNOPTA - GLOBAL INGREDIENTS BUSINESS acquired by AMSTERDAM COMMODITIES
Context
Amsterdam Commodities N.V. (Acomo) has acquired the Global Ingredients business of SunOpta Inc. in a debt-free, cash-free transaction. This transformative acquisition adds Tradin Organic, a global leader in organic ingredients, to Acomo's existing portfolio of conventional commodities (spices, tea, seeds). For SunOpta, the divestiture represents a strategic pivot to focus exclusively on its high-growth, plant-based food and beverage manufacturing business. The deal proceeds were used by SunOpta to pay down debt and fund capacity expansion in plant-based milk production. The transaction adds approximately EUR450 million in revenue to Acomo and significantly expands its footprint in the "healthy and sustainable" food segment.
SUNOPTA - GLOBAL INGREDIENTS BUSINESS, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (10.7x).
-> Deep-dive in AgriFood market trends
Target
The Global Ingredients segment of SunOpta, operating primarily under the name Tradin Organic, is a leading global sourcer, processor, and supplier of organic food ingredients. It offers a wide portfolio of over 100 organic commodities including cocoa, coffee, fruits, nuts, and seeds. The business is vertically integrated with its own sourcing projects and processing facilities in the Netherlands (Amsterdam), Bulgaria (Silistra), Ethiopia (Addis Ababa, Yirgalem), and the USA. It serves the organic food industry worldwide, connecting local farmers in developing countries with major consumer brands.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Similar deals in Food Processing
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 12/2020 | APHEON (EX ERGON) | MILLBO BIONATURALS GROUP | ITALY | Ingredients |
| 12/2020 | CRONOS CAPITAL PARTNERS | EVERTON | ITALY | Coffee & Tea |
| 11/2020 | RHONE CAPITAL | ILLYCAFFÈ | ITALY | Beverages |
| 11/2020 | PLATINUM EQUITY | BISCUIT INTERNATIONAL | FRANCE | Food Products |
| 10/2020 | HAUDECOEUR | PALAIS IMPÉRIAL | FRANCE | Coffee & Tea |
| 08/2020 | GLANDIA NUTRITIONALS | FOODAROM | CANADA | Ingredients |
| 06/2020 | ROYAL DSM | ERBER GROUP | AUSTRIA | Petfood |
| 01/2020 | AROMATAGROUP | NACTIS FLAVOURS | FRANCE | Ingredients |
| 01/2020 | ARDIAN | FRULACT | PORTUGAL | Ingredients |
| 01/2020 | BC PARTNERS | PASTICCERIA BINDI | ITALY | Food Products |
REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 250M - 500M EUR
EBITDA range: 25M - 50M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SUNOPTA - GLOBAL INGREDIENTS BUSINESS by AMSTERDAM COMMODITIES 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.
Target: sunopta - global ingredients business
Acquirer: amsterdam commodities