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04/2021

VIVERA acquired by JBS S.A.

NETHERLANDS Food Processing / Food Products EV 300M - 700M EUR

Context

JBS S.A. has entered into an agreement to acquire 100% of the share capital of Vivera from the private equity firm Gilde Buy Out Partners. This transaction represents a major strategic milestone for JBS, granting it an immediate, scalable industrial platform in the European plant-based market. Unlike a simple bolt-on, JBS intends to operate Vivera as a standalone business unit, leveraging its specialized R&D capabilities and brand strength while providing it with JBS's massive global distribution network to accelerate growth. This acquisition allows the world's largest meatpacker to credibly compete in the high-growth alternative protein sector, directly challenging incumbents like Beyond Meat and Nestle in the European retail landscape.

VIVERA, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.8x).

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

Headquartered in the Netherlands, Vivera is Europe's third-largest producer of plant-based food products. The company offers a wide range of meat substitutes (including the popular "veggie steak") and vegetarian meal components. It operates three production facilities and an R&D center in the Netherlands, distributing its products to retailers in over 25 European countries.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VIVERA by JBS S.A. 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).