Back to database

Deal Detail

Frank Family Vineyards to Treasury Wine Estates Limited

BeveragesAlcoholic/Nov 2021
EV / LTM EBITDA
13.2x
EV / LTM Sales
5.8x
Enterprise Value
$315M
Primary Source
Investor Presentation

Comparable Transactions

Beverages transactions announced in the five years to November 2021. 11 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Jun 2021Enoitalia S.p.A.Italian Wine Brands S.p.A.$181M0.8x8.9xStrategic
Oct 2020Coca-Cola Amatil LimitedCoca-Cola European Partners plc$7.9B2.2x12.2xStrategic
Jan 2020Primo WaterCott Corporation--15.6xStrategic
Nov 2019Craft Brew Alliance, Inc.Anheuser-Busch InBev SA/NV$360M-21.9xStrategic
Jan 2019Fuller, Smith & Turner P.L.C. Beer BusinessAsahi Group Holdings, Ltd.--23.6xStrategic
Aug 2018SodaStream Ltd.PepsiCo, Inc.$3.1B-25.3xStrategic
Jan 2018Dr Pepper Snapple Group, Inc.Keurig Green Mountain, Inc.--16.0xStrategic
Oct 2017Chicago Bar Company LLCKellogg Company--19.5xStrategic
Oct 2017Refresco Group N.V.PAI Partners & British Columbia Investment Management Corporation--8.5xFinancial
Jul 2017Cott Corporation's Bottling BusinessRefresco Group N.V.--9.2xStrategic
Dec 2016Anheuser-Busch InBev SA/NV (CEE Brands)Asahi Group Holdings, Ltd.--14.8xStrategic
Mean-16.0x
Median-15.6x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryinvestor presentationInvestor Presentation-2021$315M5.8x13.2x--Open