Mergers & TribulationsTransaction Database
ContactSubscribe
Back to database

Deal Detail

Everfresh (60%) to Fyffes plc

Packaged FoodsFresh & Produce/May 2004
EV / LTM EBITDA
6.4x
EV / LTM Sales
-
Enterprise Value
$75M
Primary Source
Lazard

Comparable Transactions

Packaged Foods transactions announced in the five years to May 2004. 8 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Apr 2004J.R. WoodDole Food Co.--7.3xStrategic
Nov 2003Sylvan Inc.Snyder Associated Companies$100M-8.3xStrategic
Dec 2002Dole Food CompanyDavid H. Murdock$2.3B-6.2xFinancial
Aug 2001Fresh ExpressPerformance Food Group$303M-7.2xStrategic
Jan 2001Ralston Purina CompanyNestle S.A.--15.7xStrategic
Jan 2001IBP, Inc.Tyson Foods, Inc.--7.3xStrategic
Dec 2000Quaker Oats CompanyPepsiCo Inc.--15.6xStrategic
Jun 2000Bestfoods CorporationUnilever plc--14.3xStrategic
Mean-10.2x
Median-7.8x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionCQB FOLazard2014$75M-6.4x-Fyffes acquired the remaining 40% in 2007 based on a predefined formula and indicated EBITDA multiple of 6.25x for 100% of the business.Open