At what enterprise value was YOPLAIT acquired in 2011?

During the acquisition of YOPLAIT by GENERAL MILLS in 2011, 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 EUR. 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 10.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of YOPLAIT when it was acquired by GENERAL MILLS?

The estimated EV/EBITDA multiple for YOPLAIT is in the range of 10x - 18x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.5x. Join our community for free to access full valuation data and industry trends.

When was YOPLAIT acquired by GENERAL MILLS?

YOPLAIT was acquired by GENERAL MILLS in 2011.

What was the revenue of YOPLAIT at the time of the deal?

The revenue of YOPLAIT at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of YOPLAIT during the acquisition?

YOPLAIT's EBITDA is estimated to be in the range of 100M - 200M EUR. 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 YOPLAIT 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 YOPLAIT 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://investors.generalmills.com/press-releases/press-release-details/2011/General-Mills-Announces-Definitive-Agreements-to-Acquire-Yoplait-Interests/default.aspx

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Home Database AgriFoodYOPLAIT

05/2011

YOPLAIT acquired by GENERAL MILLS

FRANCE Food Processing / Food Products / Dairy EV 1b - 4b EUR

Context

General Mills has signed definitive agreements to acquire a 51% controlling interest in Yoplait S.A.S. and a 50% interest in the entity holding the worldwide brand rights. The stake was acquired from private equity firm PAI Partners and the French dairy cooperative Sodiaal. Sodiaal will retain the remaining 49% stake, effectively forming a global joint venture. This transaction resolves a long-standing arbitration between General Mills and Yoplait regarding the US licensing rights.

As a reminder, the company had previously completed an external growth operation by acquiring Liberte in 2010.

YOPLAIT, which reported an EBITDA margin of LOGIN in 2010, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.5x).

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.

-> Deep-dive in AgriFood market trends

Target

Headquartered in France, Yoplait is the second-largest brand in the global yogurt market. It operates directly in France, the UK, and Canada, and manages a network of 26 franchisees worldwide (including General Mills in the USA).

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Other operations with YOPLAIT

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
12/2010	YOPLAIT	LIBERTE	CANADA	Food Processing	Yoplait has acquired the Canadian yogurt manufacturer Liberte from private equity owners Swander Pace Capital and Roynat Capital. This acquisition provides Yoplait with a dominant position in the high-growth "Greek" and "Organic" yogurt segments in North America. The deal guarantees the continuity of operations in Quebec, with no planned job cuts. Strategically, this acquisition bolsters Yoplait's portfolio just months before its shareholders (PAI Partners) initiated the sale of their own stake in Yoplait to General Mills.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 100M - 200M EUR

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

Target: yoplait