Mergers & TribulationsTransaction Database
ContactSubscribe
Back to database

Deal Detail

D.E. Master Blenders 1753 N.V. to JAB Holdings, Joh. A. Benckiser

BeveragesNon-Alcoholic/Apr 2013
EV / LTM EBITDA
18.3x
EV / LTM Sales
-
Enterprise Value
-
Primary Source
Centerview

Comparable Transactions

Beverages transactions announced in the five years to April 2013. 11 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Jun 2012Grupo Modelo, S.A.B. de C.V. (49.7% stake)Anheuser-Busch InBev SA/NV--12.9xStrategic
Sep 2011Foster's Group Pty. Ltd.SABMiller plc--14.5xStrategic
Jun 2011Clement Pappas & Co.Lassonde Industries--6.7xStrategic
Dec 2010Wimm-Bill-Dann FoodsPepsiCo, Inc.--16.2xStrategic
Sep 2010LJVH Holdings (Van Houtte)Green Mountain Coffee Roasters--11.3xStrategic
Nov 2009Timothy's Coffee of the WorldsGreen Mountain Coffee Roasters--14.6xStrategic
Aug 2009PepsiAmericas, Inc.PepsiCo., Inc.--8.9xStrategic
Aug 2009The Pepsi Bottling Group, Inc.PepsiCo., Inc.--11.6xStrategic
Jun 2009AlproDean Foods Company--14.5xStrategic
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
Mean-12.1x
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 opinionBUFF FOCenterview2018--18.3x--Open
-fairness opinionSODA FOPerella Weinberg2018--18.1x--Open
-fairness opinionLNCE FOGoldman Sachs2018--18.2x--Open
-fairness opinionMJN FOMorgan Stanley2017--18.2x--Open
-fairness opinionWWAV FOGoldman Sachs2016--18.2x--Open
-fairness opinionMJN FOGoldman Sachs2016--18.2x--Open