At what enterprise value was SVELTIC acquired in 2025?

During the acquisition of SVELTIC by WHAT S COOKING? in 2025, the transaction's Enterprise Value is estimated to be in the range of 10M - 30M EUR.

What was the EV/EBITDA of SVELTIC when it was acquired by WHAT S COOKING??

The estimated EV/EBITDA multiple for SVELTIC is in the range of 5x - 12x.

When was SVELTIC acquired by WHAT S COOKING??

SVELTIC was acquired by WHAT S COOKING? in 2025.

What was the revenue of SVELTIC at the time of the deal?

The revenue of SVELTIC at the time of the deal is estimated to be in the range of 50M - 100M EUR.

What was the EBITDA of SVELTIC during the acquisition?

SVELTIC's EBITDA is estimated to be in the range of 0M - 5M EUR.

How is the data for the SVELTIC 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 SVELTIC 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://whatscooking.group/fr/actualites/whats-cooking-finalise-lacquisition-de-sveltic-un-producteur-de-plats-prepares-frais-et-surgeles-situe-pres-de-rennes-fr

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Home Database AgriFoodSVELTIC

04/2025

SVELTIC acquired by WHAT S COOKING?

FRANCE Food Processing / Food Products EV 10M - 30M EUR

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 in 2024, 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

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2025	GREENCORE GROUP	BAKKAVOR GROUP	UNITED KINGDOM	Food Products
05/2025	IDAK FOOD GROUP	SORRENTO SAPORI E TRADIZIONI	ITALY	Food Products
03/2025	BRIDOR	LAURENT BAKERY GROUP	AUSTRALIA	Bakery / Pastry
01/2025	ANDROS	DELAFRUIT	SPAIN	Soft Drinks
11/2024	REFRESCO	FRÍAS NUTRICIÓN	SPAIN	Soft Drinks
11/2024	UNEXO / UNIGRAINS	SAVEL	FRANCE	Meat & Cured Meat
09/2024	AS EQUITY PARTNERS	HOCHDORF SWISS NUTRITION (HSN)	SWITZERLAND	Dairy
09/2024	VALEO FOODS GROUP	I.D.C. HOLDING	SLOVAKIA	Food Products
09/2024	ONE ROCK CAPITAL PARTNERS	EUROPE SNACKS	FRANCE	Food Products
08/2024	CINVEN	VITAMIN WELL	SWEDEN	Soft Drinks

REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SVELTIC by WHAT S COOKING? 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.

Press release: view release

Acquirer: what s cooking?