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Deal Detail

Coca-Cola Amatil Ltd to Lion Nathan Ltd

BeveragesNon-Alcoholic/Nov 2008
EV / LTM EBITDA
10.9x
EV / LTM Sales
-
Enterprise Value
$6.1B
Primary Source
Fairness Opinion

Comparable Transactions

Beverages transactions announced in the five years to November 2008. 14 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Jul 2008Anheuser-Busch Companies, Inc.InBev S.A., InBev SA$60.0B-12.2xStrategic
Jun 2008Folgers (privately owned by The Procter & Gamble Company)The J.M. Smucker Company--9.4xStrategic
Mar 2008Lebedyansky JSCPepsiCo, Inc. and The Pepsi Bottling Group, Inc.$2.1B-13.4xStrategic
Jan 2008Scottish & Newcastle Limited AssetsHeineken N.V.--12.9xStrategic
2008Lane Affiliated Companies, Inc.The Pepsi Bottling Group, Inc.--14.2xStrategic
2008Pepsi-Cola Batavia Bottling CorporationThe Pepsi Bottling Group, Inc.--8.8xStrategic
Jan 2008Scottish & Newcastle Limited / Baltic Beverages Holding ABCarlsberg A/S--12.2xStrategic
Nov 2007Royal Grolsch N.V.SABMiller plc--14.4xStrategic
May 2007VitaminwaterCoca-Cola Company--19.7xStrategic
May 2007Van HoutteLittlejohn Fund III, Fonds de Solidarite--8.1xFinancial
2007Coca-Cola Korea Bottling Co., Ltd.LG Household & Health Care Ltd.--9.4xStrategic
Apr 2006Dr Pepper/Seven Up Bottling Group, Inc.Cadbury Schweppes plc--7.1xStrategic
2005Pepsi-Cola Bottling Company of Charlotte, Inc.The Pepsi Bottling Group, Inc.--16.6xStrategic
2004Seltzer & Rydholm, Inc.The Pepsi Bottling Group, Inc.--9.3xStrategic
Mean-12.0x
Median-12.2x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
PrimaryFairness OpinionPBG FOCenterview2010$6.1B-10.9x--Open
-Fairness OpinionPBG FOBofA2010$6.1B-10.9x--Open