Kraft Heinz natural, grated and specialty cheese business acquired by Groupe Lactalis S.A.
Groupe Lactalis S.A. acquired Kraft Heinz natural, grated and specialty cheese business, an United States & Global consumer health brand, on Nov 29, 2021.
Transaction summary
- Target
- Kraft Heinz natural, grated and specialty cheese business
- Acquirer
- Groupe Lactalis S.A.
- Seller
- Kraft Heinz Company
- Announced
- 2020-09-15
- Geography
- United States & Global
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-31
- Latest update
- 2026-10-31
Value and multiples
100% enterprise value
USD 3.3B
100% enterprise value | USD
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
1.83x
Period: varies by source
Basis: Public source
EV / EBITDA
12.4x
EBITDA: normalised / adjusted
Basis: Public source
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: USD 3.3B
Basis
- Reported value: US$3.3bn. Multiples use revenue of US$1.8bn (LTM ended 2020-06-27) and EBITDA of US$267m (LTM).
Source summary
Kraft Heinz Completes Sale of Natural Cheese Business to an Affiliate of Groupe Lactalis
Confirmedtotal consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion.
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