Mergers & TribulationsTransaction Database
ContactSubscribe
Back to database

Deal Detail

Pilgrim's Pride Corporation to JBS USA Holdings, Incorporated

Packaged Foods/Sep 2009
EV / LTM EBITDA
10.7x
EV / LTM Sales
-
Enterprise Value
$2.8B
Primary Source
Centerview

Comparable Transactions

Packaged Foods transactions announced in the five years to September 2009. 20 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Sep 2009Bertin Ltda.JBS S.A.$5.2B-12.3xStrategic
Aug 2009PepsiAmericas, Inc.PepsiCo., Inc.--8.9xStrategic
Aug 2009The Pepsi Bottling Group, Inc.PepsiCo., Inc.--11.6xStrategic
Dec 2008Fresh Bread & Bakery Business of Weston Foods, Inc. (privately owned by Dunedin Holdings S.á.r.l.)Grupo Bimbo, S.A.B. de C.V.--9.8xStrategic
Jun 2008Desarrollo Agroindustrial de Frutales S.A., Frutas de Exportacion S.A. and CaribanaFresh Del Monte Produce inc.$403M-8.1xStrategic
Jun 2008Vitacress SaladsRAR Group$105M-8.2xStrategic
Jun 2008Folgers (privately owned by The Procter & Gamble Company)The J.M. Smucker Company--9.4xStrategic
Apr 2008WM. Wrigley Jr. CompanyMars, Incorporated$23.1B-18.5xStrategic
Jul 2007Wight Salads Group (70%)RAR Group$41M-5.7xStrategic
Jul 2007Danone BiscuitsKraft Foods Group, Inc.--13.3xStrategic
Jul 2007Royal Numico N.V.Danone, Groupe Danone S.A.--24.3xStrategic
May 2007Van HoutteLittlejohn Fund III, Fonds de Solidarite--8.1xFinancial
Apr 2007Gerber Products CompanyNestlé--15.7xStrategic
Dec 2006Novartis Medical NutritionNestlé Group--17.6xStrategic
Jul 2006Chiquita Brands South Pacific LimitedTradefresh Pty Ltd$130M-8.7xStrategic
Nov 2005EAC NutritionRoyal Numico N.V.--25.0xStrategic
Oct 2005Bolthouse Farms (57%)Madison Dearborn Partners$1.1B-9.3xFinancial
Feb 2005Mellin S.p.ARoyal Numico N.V.--13.8xStrategic
Feb 2005Fresh Express Unit of Performance Food GroupChiquita Brands International$855M-10.7xStrategic
Feb 2005Fresh ExpressChiquita--9.4xStrategic
Mean-12.4x
Median-10.3x

All Observations

Source-specific multiples and notes for this transaction.

Add to SetPrimary?Source TypeFairness Opinion / SourceAdvisorSource YearEnterprise ValueEV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionSAFM FOCenterview2021$2.8B-10.7x-Acquisition of 64% stake.Open