At what enterprise value was TIPIAK acquired in 2023?

During the acquisition of TIPIAK by TERRENA in 2023, the transaction's Enterprise Value is estimated to be in the range of €50–150M.

What was the EV/EBITDA of TIPIAK when it was acquired by TERRENA?

The estimated EV/EBITDA multiple for TIPIAK is in the range of below 5x.

What was the EV/Revenue multiple of TIPIAK when it was acquired by TERRENA?

The estimated EV/Revenue multiple for TIPIAK is in the range of below 1.5x.

When was TIPIAK acquired by TERRENA?

TIPIAK was acquired by TERRENA in 2023.

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

The revenue of TIPIAK at the time of the deal is estimated to be in the range of €150–250M.

What was the EBITDA of TIPIAK during the acquisition?

TIPIAK's EBITDA is estimated to be in the range of €10–30M.

How is the data for the TIPIAK 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 TIPIAK 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://capitalfinance.lesechos.fr/deals-m-a/small-cap/terrena-valorise-tipiak-804-meur-2026260

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodTIPIAK

11/2023

TIPIAK acquired by TERRENA

FRANCE Food Processing / Food Products / Dairy EV €50–150M

Context

The agricultural cooperative Terrena, which already owns the Pere Dodu and Douce France brands, has acquired almost all of the capital of the publicly traded food group Tipiak.

TIPIAK, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of below 5x, a level significantly lower than the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Famous food brand specializing in prepared meals, frozen appetizers, and grocery products (couscous).

Ent. Value

€50–150M

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

below 5x

EV / EBIT

10x–18x

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
02/2024	INVESTINDUSTRIAL / SAMMONTANA	FORNO D’ASOLO	ITALY	Bakery / Pastry
12/2023	THE FERRERO GROUP	MICHEL ET AUGUSTIN	FRANCE	Food Products
11/2023	DBAY ADVISORS	FINSBURY FOOD GROUP	UNITED KINGDOM	Food Products
11/2023	COCA-COLA	FINLANDIA VODKA	FINLAND	Wines & Spirits
10/2023	NOLET GROUP	LUCAS BOLS COMPANY	NETHERLANDS	Wines & Spirits
09/2023	THE J.M. SMUCKER CO.	HOSTESS BRANDS, INC.	UNITED STATES	Food Products
08/2023	GROUPE AVRIL	HARI&CO	FRANCE	Food Products
07/2023	MARS	KEVIN'S NATURAL FOODS	UNITED STATES	Food Products
07/2023	ROYAL UNIBREW	VRUMONA	NETHERLANDS	Soft Drinks
07/2023	MALTERIES SOUFFLET	UNITED MALT GROUP	AUSTRALIA	Food Processing

REFERENCES

Valuation range: EV €50–150M

Revenue range: €150–250M

EBITDA range: €10–30M

EV/Revenue range: below 1.5x

EV/EBITDA range: below 5x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TIPIAK by TERRENA 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: tipiak