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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | GBfoods Africa Holdco B.V. | - | ||||||||
| Trade Sale | Completed | GBfoods Africa Holdco B.V. | - | ||||||||
| Buyout | Completed | GBfoods Africa Holdco B.V. | - |
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