When was TASTECONNECTION acquired by NACTAROME GROUP?

TASTECONNECTION was acquired by NACTAROME GROUP in 2021.

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

The revenue of TASTECONNECTION at the time of the deal is estimated to be in the range of 5M - 25M GBP.

How is the data for the TASTECONNECTION 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 TASTECONNECTION 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.nactis.fr/wp-content/uploads/2021/04/Communique-de-presse_Nactarome-acquiert-un-fabricant-dassaisonnements-Britannique.pdf

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Home Database AgriFoodTASTECONNECTION

04/2021

TASTECONNECTION acquired by NACTAROME GROUP

UNITED KINGDOM Food Processing / Ingredients REV 5M - 25M GBP

Context

Ambienta-backed Nactarome Group completed the acquisition of TasteConnection from its founders, marking its fourth add-on in 2.5 years and establishing a UK industry hub. Transaction facts detail full ownership transfer of the seasonings specialist, integrating its Gloucestershire facility adjacent to Nactarome's existing operations for streamlined synergies. Rationale centers on strategic adjacency in clean-label flavourings, with TasteConnection's snacks and savoury dominance complementing Nactarome's top-notes portfolio to create comprehensive aromatic solutions. This bolt-on exemplifies platform consolidation in natural ingredients, where sustainability-focused PE deploys dry powder for high-growth niches—benchmarking Ambienta's serial add-ons against peers and signaling robust M&A pipelines for clean-label leaders targeting defensive consumer staples.

TASTECONNECTION, which reported an EBITDA margin of in 2021, 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

TasteConnection, founded in 2002 and headquartered in Alderley, Gloucestershire, United Kingdom, stands as a premier manufacturer of innovative seasonings, bespoke flavourings, provenanced ingredient blends, and culinary products tailored for food processors. The company specializes in natural solutions for the snacks and savoury markets, including handmade crisps, chips, and ready meals, serving over 70 of the UK's largest snacks producers alongside niche brands. Its core strength lies in anticipating consumer trends through custom development of clean-label seasonings that combine aromatic profiles with functional blends. Renowned as a market innovator, TasteConnection commands strong positions in high-growth segments driven by sustainability and natural ingredient demand.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

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2021

2020

Similar deals in Food Processing

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04/2021	JBS S.A.	VIVERA	NETHERLANDS	Food Products
03/2021	LIFEBRANDS NATURAL FOOD	REVOLUTION TEA	UNITED STATES	Coffee & Tea
02/2021	LANXESS	EMERALD KALAMA CHEMICAL	UNITED STATES	Ingredients
12/2020	APHEON (EX ERGON)	MILLBO BIONATURALS GROUP	ITALY	Ingredients
12/2020	CRONOS CAPITAL PARTNERS	EVERTON	ITALY	Coffee & Tea
11/2020	PLATINUM EQUITY	BISCUIT INTERNATIONAL	FRANCE	Food Products

REFERENCES

Revenue range: 5M - 25M GBP

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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: tasteconnection

Acquirer: nactarome group