When was IDAK FOOD GROUP acquired by TOWERBROOK?

IDAK FOOD GROUP was acquired by TOWERBROOK in 2024.

What was the revenue of IDAK FOOD GROUP at the time of the deal?

The revenue of IDAK FOOD GROUP at the time of the deal is estimated to be in the range of 100M - 200M CHF.

How is the data for the IDAK FOOD GROUP 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 IDAK FOOD GROUP 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.towerbrook.com/strengthening-the-capital-base-for-further-growth-in-europe-idak-food-group-brings-towerbrook-on-board-as-financial-partner/

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 AgriFoodIDAK FOOD GROUP

07/2024

TOWERBROOK takes majority stake in IDAK FOOD GROUP

SWITZERLAND Food Processing / Food Products REV 100M - 200M CHF

Context

The IDAK Food Group is undergoing a change of ownership, with TowerBrook Capital Partners replacing Invision and Nord Holding as the new majority shareholder. The investment aims to strengthen IDAK's rapidly growing capital base, supporting the company's growth plans and further acquisitions in Europe. The well-established management team around IDAK Food Group CEO Christof Lehmann will retain a broad-based minority stake in the company, ensuring continuity in management and maintaining the company's corporate principles. The deal is subject to regulatory approval and is expected to support IDAK's expansion in the European market, with a focus on establishing the company as the leading pan-European premium frozen food group. The partnership between IDAK and TowerBrook is expected to drive growth and value creation, with TowerBrook's expertise and international business excellence providing a strong foundation for IDAK's next phase of development.

IDAK FOOD GROUP, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

IDAK Food Group is a Swiss-based platform specializing in premium frozen foods. It operates through three strategic pillars: "Pizza & Snacks" (via Margherita S.p.A in Italy), "Potato Snacks" (via KADI AG in Switzerland), and "Bakery & Pastry". Majority-owned by TowerBrook Capital Partners since September 2024, IDAK is executing an aggressive pan-European buy-and-build strategy to consolidate the fragmented frozen food market.

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Other operations with IDAK FOOD GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2026	IDAK FOOD GROUP	ONORE	FRANCE	Food Products
05/2025	IDAK FOOD GROUP	SORRENTO SAPORI E TRADIZIONI	ITALY	Food Products

REFERENCES

Revenue range: 100M - 200M CHF

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of IDAK FOOD GROUP by TOWERBROOK 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

Target: idak food group

Acquirer: towerbrook