Bateel International LLC
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Bateel International LLC - overview
Established
1991
Location
Dubai, -, United Arab Emirates
Primary Industry
Food
About
Bateel is a luxury food brand specializing in premium gourmet products, particularly organic dates, chocolates, and artisanal snacks, catering to discerning consumers and corporate clients alike. Founded in 1991 in Dubai, United Arab Emirates, Bateel International LLC specializes in gourmet food products. The company has not undergone any significant operational changes since its inception. Bateel was acquired by L Capital, with deal financials not disclosed.
It has engaged in 2 deals to date. Bateel specializes in premium gourmet products, focusing on organic dates, indulgent chocolates, and artisanal snacks. Their offerings include a variety of plain and filled dates, such as Ajwa and Medjool, along with single-origin chocolates and gourmet food items. The brand emphasizes quality craftsmanship and sources organic ingredients to create luxurious gift boxes and curated collections suited for festive gifting occasions.
Bateel caters to both individual consumers and corporate clients, serving a diverse customer base across the United States, Canada, and numerous countries in Europe, Asia, and the Middle East. Bateel generates revenue primarily through direct-to-consumer sales and corporate gifting solutions. Their products are available for purchase online and in boutique cafés and retail outlets. The company provides complimentary express shipping for orders over a specified amount, enhancing the customer experience.
Bateel's pricing strategy includes various product offerings, such as gift boxes and seasonal collections, targeting individual and corporate clients seeking high-quality gifts. This multi-channel approach supports robust sales across different customer segments, highlighting their signature organic dates and artisanal chocolates. Bateel plans to introduce new product lines, including innovative gourmet items designed for the upcoming holiday season. The company is also focusing on expanding its presence in emerging markets across Asia and Europe by mid-2024.
Recent funding from L Capital will be utilized to support these growth initiatives and enhance marketing efforts in targeted regions.
Current Investors
L Catterton, L Capital
Primary Industry
Food
Sub Industries
Snack Foods, Other Food Products, Food & Beverage Distribution
Website
www.bateel.com
Verticals
E-commerce
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Bateel International LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Bateel International LLC | - | ||||||||
| Buyout | Completed | Bateel International LLC | - |
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