Who owns UNITED MALT GROUP?

UNITED MALT GROUP has been 100% owned by MALTERIES SOUFFLET since July 2023.

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

During the acquisition of UNITED MALT GROUP by MALTERIES SOUFFLET in 2023, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b AUD.

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.

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.

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.

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

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 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 in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

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.

Ent. Value

Equity Value

Multiples

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EV / EBIT

Historical Financials (AUD)

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2021

Similar deals in Food Processing

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Date	Acquirer	Target	Country	Sector
09/2023	THE J.M. SMUCKER CO.	HOSTESS BRANDS, INC.	UNITED STATES	Food Products
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07/2023	ROYAL UNIBREW	VRUMONA	NETHERLANDS	Soft Drinks
07/2023	MARS	KEVIN'S NATURAL FOODS	UNITED STATES	Food Products
06/2023	RIELLO INVESTIMENTI PARTNERS	IL FORNAIO DEL CASALE	ITALY	Bakery / Pastry
06/2023	PERNOD RICARD	ACE BEVERAGE GROUP	CANADA	Wines & Spirits
06/2023	MITSUI & CO	NUTRINOVA NETHERLANDS	NETHERLANDS	Ingredients
06/2023	HEINEKEN	OEDIPUS	NETHERLANDS	Wines & Spirits
06/2023	3I	PANELTO FOODS	IRELAND	Bakery / Pastry
06/2023	MITSUI & CO	EURICOM	ITALY	Food Products

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

Acquirer: malteries soufflet