SVELTIC
Acquired by
WHAT S COOKING?
SVELTIC acquired by WHAT S COOKING?
Target
SVELTIC
Acquirer
WHAT S COOKING?
Context
What's Cooking? has finalized the acquisition of 100% of Sveltic from Groupement Les Mousquetaires. The deal allows What's Cooking? to expand its product portfolio and manufacturing footprint in France. Crucially, the acquisition includes a continued supply agreement, meaning Sveltic will continue to produce goods for Intermarche/Netto while also opening up capacity for other clients.
SVELTIC, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN discount to the average currently observed in the AgriFood sector (10.1x).
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
Located near Rennes, Sveltic is a specialist manufacturer of fresh and frozen ready meals ("plats cuisines"). Formerly the production arm of the French retail giant "Les Mousquetaires" (Intermarche), the facility produces a wide range of convenience foods.
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)
Other operations with SVELTIC
REFERENCES
Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).