GRUPO PROFAND, S.L.
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GRUPO PROFAND, S.L. - overview
Established
2010
Location
Vigo, Pontevedra, Spain
Primary Industry
Food
About
Founded in 2010 and based in Vigo, Spain, GRUPO PROFAND, S. L. is an international group dedicated to fishing, processing, manufacturing, and marketing of seafood products. As of 2021, the company has a fleet of 22 factory vessels, a group of 12 factories, and a team of 3,000 employees worldwide.
In December 2020, Tikehau Capital provided unitranche financing to support the company. GRUPO PROFAND, S. L. takes care of the whole production process, from fishing the raw materials to preparing the products in their processing plants, which are located in four continents.
The company offers cuttlefish, cephalopods, squid, octopus, shrimp, shellfish, and other seafood products. The firm generates revenue from the sales made by crossing buy-sell operations for different markets and from selling its products directly to wholesalers, supermarkets, hypermarkets, restaurants, hotels, cafeterias, and food chains.
Current Investors
Corporación Financiera Alba
Primary Industry
Food
Sub Industries
Meat, Poultry & Seafood Products, Food & Beverage Distribution
Website
www.profand.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
GRUPO PROFAND, S.L. - timeline of key events
GRUPO PROFAND, S.L. - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 183,952,305.1 | 180,258,887.3 | 209,283,413 | 238,168,201 | 259,090,837 | 309,939,915 | - | - | - |
| % Revenue Growth (YoY) | - | (2.0%) | 16.1% | 13.8% | 8.8% | 19.6% | - | - | - |
| EBITDA (USD) | 9,384,657 | 8,261,211.8 | 10,441,836 | 10,652,561 | 20,044,659 | 17,110,940 | - | - | - |
| Operating Income (USD) | 8,892,316 | 8,006,012.7 | 10,272,094 | 10,497,293 | 19,883,454 | 16,944,088 | - | - | - |
| Operating Margin | 4.8% | 4.4% | 4.9% | 4.4% | 7.7% | 5.5% | - | - | - |
| % EBITDA Margin | 5.1% | 4.6% | 5.0% | 4.5% | 7.7% | 5.5% | - | - | - |
| NET Income (USD) | 5,589,409.5 | 5,446,306.3 | 8,222,440 | 5,744,350 | 18,461,457 | 8,410,386 | - | - | - |
| % Net Margin | 3.0% | 3.0% | 3.9% | 2.4% | 7.1% | 2.7% | - | - | - |
GRUPO PROFAND, S.L. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Announced | Unión Martin, SL | - | ||||||||
| Add-on | Completed | Kefalonia Fisheries S.A. | - | ||||||||
| Buyout | Completed | GRUPO PROFAND, S.L. | - | ||||||||
| Private Debt | Completed | GRUPO PROFAND, S.L. | - |
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GRUPO PROFAND, S.L. - employee data
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