Araven Group

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Araven Group - overview

Established

1976

Location

Zaragoza, -, Spain

Primary Industry

Retail

About

Araven Group is a Spanish company specializing in professional kitchen equipment, enhancing food storage, preparation, and hygiene practices for the hospitality sector. Founded in 1976 in Zaragoza, Spain, Araven Group focuses on professional kitchen solutions. The company has completed a total of 2 deals, with the most recent deal occurring on July 27, 2024. CEO Javier Villanova leads the company, which has not undergone significant pivots or changes in operations.


Araven Group has no known parent or subsidiary relationships. Araven specializes in professional kitchen equipment, focusing on enhancing food storage, preparation, and hygiene practices in the hospitality sector. Their core product offerings include hermetic storage containers, food manipulators, cutting boards, and innovative dispensing solutions for sauces. These products are utilized in various establishments, including restaurants, catering services, and educational culinary institutions across international markets such as Spain, France, and other European countries.


The company collaborates closely with renowned chefs and culinary schools to create solutions that address specific challenges faced by the food service industry, thereby enhancing operational efficiency and food quality. In 2023, Araven reported a revenue of USD 43. 01 mn and an EBITDA of USD 9. 64 mn.


The company generates revenue through a distribution model that relies on partnerships with specialized hospitality distributors and Cash & Carry outlets, focusing on providing high-quality solutions for culinary professionals. Following the acquisition by CFS Brands in July 2024, Araven Group is positioned for future growth, focusing on the development of new products tailored to the changing needs of the hospitality sector. The company aims to expand its market presence, particularly targeting new geographic regions in Europe and beyond, utilizing insights from their latest funding to support these initiatives.


Current Investors

Buenavista Equity Partners, Oquendo Capital

Primary Industry

Retail

Sub Industries

Home Improvement & DIY, Rubber & Plastics

Website

www.araven.com

Company Stage

Mature - Buyout

Total Amount Raised

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Araven Group - timeline of key events

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Araven Group - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)20,343,37321,628,90625,643,51625,459,74227,852,89626,422,688---
% Revenue Growth (YoY)-6.3%18.6%(0.7%)9.4%(5.1%)---
EBITDA (USD)4,429,8274,987,2492,586,1705,317,5846,144,6395,090,323---
Operating Income (USD)3,743,2922,363,257(43,027)2,585,4673,229,6481,469,092---
Operating Margin18.4%10.9%(0.2%)10.2%11.6%5.6%---
% EBITDA Margin21.8%23.1%10.1%20.9%22.1%19.3%---
NET Income (USD)2,455,6401,731,411(267,299)1,785,6962,492,594570,178---
% Net Margin12.1%8.0%(1.0%)7.0%8.9%2.2%---

Araven Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedAraven Group-
Add-on, Trade SaleCompletedGrupo OM Comunicación Visual S.L.-
BuyoutCompletedAraven Group-

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Araven Group - employee data

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