GBfoods Africa Holdco B.V.

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GBfoods Africa Holdco B.V. - overview

Established

2017

Location

-, -, South Africa

Primary Industry

Food

About

Based in Africa, and founded in 2017, GBfoods Africa Holdco B. V. is a joint venture between GBfoods S. A.


, a multinational food company headquartered in Spain, and Helios Investment Partners. The company produce and distribute of a culinary products, including bouillons, soups, sauces, seasonings, and ready meals. In November 2021, Vitol SA acquired the remaining 51% majority stake in GBfoods Africa Holdco B. V.


from Helios Investment Partners for USD 1. 5 billion. GBfoods Africa Holdco B. V.


produces and distributes a variety of packaged food products that are widely consumed across African households. Its product range includes bouillons, tomato pastes, milk powder, and mayonnaise. These products are marketed under regionally recognized brands such as Jumbo, Gino, Pomo, Jago, and Bama. The company’s offerings are tailored to local culinary preferences and are distributed through retail and wholesale channels in more than 30 African countries.


Primary Industry

Food

Sub Industries

Canned/Frozen Fruit & Vegetables, Other Food Products, Food & Beverage Distribution

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

GBfoods Africa Holdco B.V. - 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)
Trade SaleCompletedGBfoods Africa Holdco B.V. -
Trade SaleCompletedGBfoods Africa Holdco B.V. -
BuyoutCompletedGBfoods Africa Holdco B.V. -

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