TIPIAK acquired by TERRENA
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 in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the AgriFood sector (10.7x).
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Target
Famous food brand specializing in prepared meals, frozen appetizers, and grocery products (couscous).
Ent. Value
Equity Value
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EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Similar deals in Food Processing
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2024 | ARDIAN | MY PIE | FRANCE | Food Products |
| 12/2023 | THE FERRERO GROUP | MICHEL ET AUGUSTIN | FRANCE | Food Products |
| 11/2023 | COCA-COLA HBC | FINLANDIA VODKA | FINLAND | Wines & Spirits |
| 11/2023 | DBAY ADVISORS | FINSBURY FOOD GROUP | UNITED KINGDOM | Food Products |
| 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 | ROYAL UNIBREW | VRUMONA | NETHERLANDS | Soft Drinks |
| 07/2023 | MARS | KEVIN'S NATURAL FOODS | UNITED STATES | Food Products |
| 07/2023 | MALTERIES SOUFFLET | UNITED MALT GROUP | AUSTRALIA | Food Processing |
REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 150M - 250M EUR
EBITDA range: 10M - 30M EUR
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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: tipiak