FundComb

Investment & M&A transaction comps

Food Investment & M&A Transaction Comps

Explore investment and M&A transactions tagged food. 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.

Explore 107 transactions ↓ Browse all comp sectors →
Reviewed transactions
107
With value data
68
With revenue multiples
51
Transaction years
1990–2026

Sortable transaction comps

Food transaction table

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Rows with reported value

22 / 25

Acquisition EV, USD

USD 152B

Investment EV, USD

-

Median EV / revenue

3.5x

Columns

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25 shown of 107 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, and a financing without a reported valuation shows its amount raised, not an EV.

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2019-04-01 Ferrero International S.A. 1,300 1.4x 17.3x
Snacks
2018-11-29 The Kraft Heinz Company 201 4.0x -
Condiments & Sauces
2018-09-12 The Hershey Company 420 4.8x -
Snacks
2018-06-27 Conagra Brands 10,900 3.5x 16.5x
Food
2018-05-06 Mondelēz International 500 - -
BakeryConsumer Services
2018-03-08 Church & Dwight Undisclosed - -
FoodAgriculture
2018-01-16 Ferrero International S.A. 2,800 3.1x -
Confectionery
BioCare Copenhagen
Control (20%)
 2017-12-22 DSM Undisclosed - -
Food IngredientsSupplements
Snyder's-Lance, Inc.
Control (100%)
 2017-12-18 Campbell Soup Company 6,100 2.8x 19.9x
Snacks
2017-12-18 The Hershey Company 1,600 4.3x 18.8x
Snacks
Ganeden
Control
 2017-10-11 Kerry Group Undisclosed 6.0x 20.0x
Food IngredientsSupplements
2017-10-06 Kellogg Company 600 5.0x 19.5x
SnacksSports Nutrition
RB Foods
Control
 2017-08-17 McCormick & Company, Incorporated 4,200 - -
Condiments & Sauces
2017-07-18 McCormick & Company 4,200 7.2x 19.5x
Food
2017-02-10 Reckitt Benckiser 16,600 4.8x 17.6x
Food
Vitaco
Control
 2016-08-01 Primavera Capital 261 1.5x 14.7x
FoodSports Nutrition
Justin’s, LLC
Control
 2016-05-18 Hormel Foods Corporation 286 - -
Snacks
2015-05-26 Hormel Foods Corporation 775 2.3x -
Food
2015-03-25 H.J. Heinz Holding Corporation 55,000 3.0x -
Food
Annie’s, Inc.
Control (100%)
 2014-09-08 General Mills, Inc. 820 4.0x -
Food
H.J. Heinz Company
Control (100%)
 2013-02-14 Berkshire Hathaway and 3G Capital 28,000 2.4x -
Food
2012-05-24 General Mills 1,004 - -
Food
Pfizer Nutrition
Control (100%)
 2012-04-23 Nestlé S.A. 11,850 4.9x 19.8x
Snacks
2012-02-15 Kellogg Company 2,695 1.8x -
Snacks
Yoplait
Control (51%)
 2011-05-18 General Mills, Inc. 2,260 2.2x -
Food

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Food & Beverage 107Consumer 66CPG 65Snacks 30Supplements 16Food Ingredients 10Beverages 9Condiments & Sauces 9Confectionery 9Bakery 6

Explore buyers & investors

Mondelēz International 11The Hershey Company 8PepsiCo 6The Kraft Heinz Company 6Ferrero Group 5General Mills 5McCormick & Company, Incorporated 5The Campbell's Company 4

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.

Values may be estimated, rumored, incomplete or derived from public information. Transaction comps are informational and should not be relied on as financial, investment or valuation advice.