At what enterprise value was UNITED MALT GROUP acquired in 2023?

During the acquisition of UNITED MALT GROUP by MALTERIES SOUFFLET in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b AUD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the AgriFood industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of UNITED MALT GROUP when it was acquired by MALTERIES SOUFFLET?

The estimated EV/EBITDA multiple for UNITED MALT GROUP is in the range of 15x - 25x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was UNITED MALT GROUP acquired by MALTERIES SOUFFLET?

UNITED MALT GROUP was acquired by MALTERIES SOUFFLET in 2023.

What was the revenue of UNITED MALT GROUP at the time of the deal?

The revenue of UNITED MALT GROUP at the time of the deal is estimated to be in the range of 1b - 3b AUD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of UNITED MALT GROUP during the acquisition?

UNITED MALT GROUP's EBITDA is estimated to be in the range of 50M - 100M AUD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the UNITED MALT 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 UNITED MALT 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.usinenouvelle.com/article/le-francais-malteries-soufflet-devient-le-premier-producteur-mondial-de-malt-apres-le-rachat-de-l-australien-united-malt-group.N2196098

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Home Database AgriFoodUNITED MALT GROUP

07/2023

UNITED MALT GROUP acquired by MALTERIES SOUFFLET

AUSTRALIA Food Processing EV 1b - 4b AUD

Context

The 100% acquisition of United Malt Group by Malteries Soufflet creates the world's largest maltster, significantly increasing the acquirer's annual production capacity by 50% to reach 3.7 million tonnes across 41 production sites in 20 countries. The strategic rationale is driven by the desire to build a truly global platform with highly complementary geographic footprints, particularly strengthening the acquirer's presence in North America and the high-margin craft beer segment. This platform investment is expected to be value-accretive by enabling large-scale operational synergies, enhancing R&D capabilities for sustainable product development, and consolidating a fragmented global market. The merger signals a major shift in the agri-food sector, where scale and sustainable supply chain management have become critical competitive advantages. The combined entity is now ideally positioned to invest in low-carbon operations and specialty malt innovations, catering to both global industrial giants and the rapidly evolving artisanal brewing and distilling markets.

UNITED MALT GROUP, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

United Malt Group is a premier global malt producer, formerly ranked as the fourth-largest player in the industry, with a specialized focus on the high-value craft brewing and distilling segments. The company operates an extensive industrial footprint across North America, the United Kingdom, and Asia-Pacific, supported by a sophisticated logistics network of 21 distribution warehouses. Its business model is diversified, serving a blue-chip clientele that includes international industrial brewers, independent craft breweries, and global distillers. The organization is recognized for its technical expertise in producing a wide range of standard and specialty malts, as well as its strategic partnerships that facilitate market access in key growth regions. By maintaining a global supply chain and localized distribution capabilities, the firm provides mission-critical ingredients for the beverage and food industries. Its value proposition is centered on quality consistency, supply chain reliability, and a deep understanding of the specific requirements of the artisanal brewing community.

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Similar deals in AgriFood

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07/2023	ROYAL UNIBREW	VRUMONA	NETHERLANDS	Food Processing	Royal Unibrew A/S has signed a definitive agreement to acquire 100% of the shares of Vrumona from the brewing giant Heineken. This transaction serves as a transformative step for Royal Unibrew, establishing a new, comprehensive growth platform in Continental Europe and granting immediate access to the Dutch market with a significant industrial footprint
06/2023	MITSUI & CO	EURICOM	ITALY	Food Processing	Mitsui & Co. has acquired a minority stake in Euricom S.p.A., marking the first time the group's founding families have accepted external capital. The strategic rationale for the transaction is to transform Euricom into a more institutionalized global platform for growth, leveraging Mitsui's procurement networks (such as its ETG pulses platform) and global reach
06/2023	HEINEKEN	OEDIPUS	NETHERLANDS	Food Processing	Heineken N.V. strengthened its position in the craft beer segment through the acquisition of the remaining shares of Oedipus Brewing, having previously held a minority stake since 2019. Based in Amsterdam, Oedipus has established itself as a recognised craft beer brand through its distinctive identity, community-driven culture and portfolio of differentiated products, building a loyal consumer base in the Dutch market
06/2023	MITSUI & CO	NUTRINOVA NETHERLANDS	NETHERLANDS	Food Processing	Mitsui & Co., Ltd., a diversified Japanese trading and investment group, expands its presence in functional food ingredients through the acquisition of a majority stake in Nutrinova Netherlands B.V. from Celanese Corporation
06/2023	PERNOD RICARD	ACE BEVERAGE GROUP	CANADA	Food Processing	Pernod Ricard, through its Canadian subsidiary Corby Spirit and Wine, acquired a 90% stake in Ace Beverage Group, with a clear path to 100% ownership via two call options exercisable in 2025 and 2028. The transaction is structured as a majority‑stake bolt‑on designed to position Corby as a leading force in the Canadian RTD category, where Ace Beverage Group is already the largest independent operator and a pure‑play RTD platform
06/2023	3I	PANELTO FOODS	IRELAND	Food Processing	3i Group has announced that Panelto Foods, a premier Irish bakery group specializing in artisan breads, will join the European Bakery Group, establishing a dedicated UK and Ireland operational platform within the pan-European entity
06/2023	IK PARTNERS	GOODLIFE FOODS	NETHERLANDS	Food Processing	IK Partners has agreed to acquire a majority stake in GoodLife Foods from Egeria. Egeria, along with the management team, will reinvest for a minority stake. During Egeria's ownership (2014-2023), the company transformed from a local Dutch player (Izico) into a European platform

REFERENCES

Valuation range: EV 1b - 4b AUD

Revenue range: 1b - 3b AUD

EBITDA range: 50M - 100M AUD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of UNITED MALT GROUP by MALTERIES SOUFFLET are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: malteries soufflet