Global Food Equipment
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Global Food Equipment - overview
Established
1978
Location
Sydney, NSW, Australia
Primary Industry
Consumer Products
About
Global Food Equipment is a provider of essential commercial kitchen solutions, offering a range of high-quality equipment and appliances tailored for the food service industry. Global Food Equipment was founded in 1978 in Sydney, Australia, specializing in commercial kitchen equipment. The company has participated in 2 deals, with its latest funding round being a Buyout amounting to AUD 8. 8 mn from Advent Partners.
The total amount raised by the company is AUD 8. 8 mn. Global Food Equipment specializes in providing comprehensive solutions for the food service industry, focusing on high-quality commercial kitchen equipment and appliances. Their core product offerings include cooking equipment, refrigeration units, food preparation tools, and sanitation systems, designed to enhance operational efficiency and food safety in restaurants, catering services, and institutional food services.
The company aims to address the unique challenges faced by food service operators, such as ensuring food safety, maximizing space efficiency, and reducing energy consumption. Global Food Equipment serves a diverse client base, including independent restaurants, large chain establishments, and institutional kitchens across North America, Europe, and Asia, facilitating their operations through innovative equipment tailored to their specific needs. In the most recent year, Global Food Equipment generated revenue of AUD 17,045,390. 8, with an EBITDA of AUD 1,702,367.
4. The company primarily generates revenue through direct sales of its products to commercial food service operators, engaging in partnerships with distributors and wholesalers to enhance market penetration. To support its growth strategy, Global Food Equipment plans to introduce new products aimed at enhancing operational efficiency for food service operators. The company is also looking to expand its market presence in North America and Europe by 2025.
Recent funding from the AUD 8. 8 mn Buyout will be utilized to bolster product development and market entry strategies. Advent Partners has exited its stake in the company.
Primary Industry
Consumer Products
Sub Industries
Household Appliances, Industrial Machinery
Website
www.globalfoodequipment.com.au
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Global Food Equipment - financials
| Fiscal Year Ended | Jun 30, 2003 | Jun 30, 2004 |
|---|---|---|
| Revenue (USD) | - | - |
| % Revenue Growth (YoY) | - | - |
| EBITDA (USD) | - | - |
| Operating Income (USD) | - | - |
| Operating Margin | - | - |
| % EBITDA Margin | - | - |
| NET Income (USD) | - | - |
| % Net Margin | - | - |
Global Food Equipment - 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 | Global Food Equipment | - | ||||||||
| Unspecified Exit | Completed | Global Food Equipment | - |
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Global Food Equipment - employee data
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