Mergers & TribulationsTransaction Database
ContactSubscribe
Back to database

Deal Detail

Orkla Food Ingredients to Rhone

Ingredients & Flavors/Oct 2023
EV / LTM EBITDA
-
EV / LTM Sales
0.9x
Enterprise Value
$1.4B
Primary Source
Jefferies

Comparable Transactions

Ingredients & Flavors transactions announced in the five years to October 2023. 6 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Jan 2023Kerry Group plcIrca S.p.A.$500M1.2x12.2xStrategic
Oct 2022Denali IngredientsOrkla Food Ingredients$200M2.0x13.9xStrategic
Jun 2022Natra S.A.CapVest Partners LLP$503M1.1x-Financial
Apr 2020Pure Circle, Inc.Ingredion Inc.$317M2.6x-Strategic
Jan 2020Frulact S.A.Ardian$128M1.3x-Strategic
Jan 2019Natra S.A.Investindustrial VI L.P. (World Confectionary Group S.a r.l.)$215M0.5x5.5xFinancial
Mean1.5x10.5x
Median1.3x12.2x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionFREE FOJefferies2024$1.4B0.9x---Open