Investment & M&A transaction comps
Food & Beverage Investment & M&A Transaction Comps
Explore investment and M&A transactions tagged food & beverage. Compare companies, buyers, dates and available valuation multiples, with reported, estimated or rumored figures clearly labelled in each comp.
Coverage includes published FundComb transactions carrying this tag. Each comp preserves its own source notes and valuation basis.
- Reviewed transactions
- 34
- With value data
- 31
- With revenue multiples
- 22
- Transaction years
- 2014–2025
Sortable transaction comps
Food & Beverage transaction table
Rows with reported value
9 / 9
Acquisition EV, USD
USD 41B
Investment EV, USD
-
Median EV / revenue
4.0x
Selected comparison set
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Choose transactions from the table to build a quick comparison set.
9 shown of 34 matching transactions. Click any transaction row for more detail.
Values are 100% enterprise values. Multiples divide EV by full-company revenue or EBITDA. Reported prices are assumed to be EV; explicit partial-stake prices are grossed up as estimates. Amounts paid are tracked separately.
| Select for comparison | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Chicago Bar Company LLC (RXBAR) Control | 2017-10-06 | Kellogg Company | USD 600M Enterprise Value | 600 | 5.0x | 19.5x | United States | Confirmed 4 sources | ||
| Whole Foods Market, Inc. Control (100%) | 2017-06-16 | Amazon.com, Inc. | USD 14B Enterprise Value | 13,700 | 0.9x | 10.6x | United States | Confirmed 3 sources | ||
| Popeyes Louisiana Kitchen, Inc. Control (100%) | 2017-02-21 | Restaurant Brands International Inc. | USD 1.8B Enterprise Value | 1,800 | 6.7x | 18.9x | United States | Confirmed 3 sources | ||
| Bai Brands LLC Control (97%) | 2016-11-22 | Dr Pepper Snapple Group, Inc. | USD 1.7B Enterprise Value | 1,746 | 4.1x | - | United States | Confirmed 6 sources | ||
| Justin’s, LLC Control | 2016-05-18 | Hormel Foods Corporation | USD 286M Enterprise Value | 286 | - | - | United States | Confirmed 8 sources | ||
| Keurig Green Mountain, Inc. Control (100%) | 2015-12-07 | Acorn Holdings B.V. (JAB-led investor group) | USD 14B Enterprise Value | 14,300 | 3.2x | 12.9x | United States | Confirmed 4 sources | ||
| Applegate Farms, LLC Control | 2015-05-26 | Hormel Foods Corporation | USD 775M Enterprise Value | 775 | 2.3x | - | United States | Confirmed 7 sources | ||
| Annie’s, Inc. Control (100%) | 2014-09-08 | General Mills, Inc. | USD 820M Enterprise Value | 820 | 4.0x | - | United States | Confirmed 3 sources | ||
| BODYARMOR Control (85%) | - | The Coca-Cola Company | USD 6.6B Enterprise Value | 6,588 | - | - | United States | Confirmed 2 sources |
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Source coverage varies by transaction. Announced deals, minority investments and capital raises retain their own labels; an investment amount is separate from enterprise value. Read the methodology.