Maxfoods Pty Ltd

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Maxfoods Pty Ltd - overview

Established

2009

Location

Melbourne, Victoria, Australia

Primary Industry

Food

About

Maxfoods Pty Ltd is an Australian seafood company specializing in high-quality seafood products, including Atlantic salmon and ocean trout, packaged for retail distribution and consumer convenience. Founded in 2009 in Melbourne, Australia, Maxfoods Pty Ltd focuses on the seafood sector, primarily offering premium products under the brands Ocean Blue and Clearly Premium. The company underwent a significant change when CHAMP Private Equity acquired it in July 2018, with the transaction completing in August 2018. The leadership team comprises Amit Lohani, Daniel Thompson, and Tony Herques, who guide the company in its strategic initiatives.


Max Foods specializes in premium quality seafood products under its renowned brands, Ocean Blue and Clearly Premium. The company's core offerings include responsibly sourced Atlantic salmon and ocean trout, expertly smoked into cold-smoked slices and hot-smoked portions. Additionally, it provides a diverse range of seafood meals and snacking options designed for convenience and enjoyment. The main customer base includes retail chains such as Woolworths and Coles in Australia, as well as Countdown and Fresh Choice in New Zealand, ensuring widespread accessibility to their seafood products while emphasizing sustainability and quality.


In the most recent year, 2018, Max Foods reported a revenue of AUD 72,893,877. 40, with an EBITDA of AUD 4,603,026. 50. The company generates revenue through direct sales to major retail partners, where its premium seafood products are prominently featured.


The transaction structure primarily involves business-to-business (B2B) relationships with retailers, facilitating bulk purchases that allow for efficient distribution across various store locations, appealing to both casual consumers and those seeking gourmet options for special occasions. Maxfoods Pty Ltd plans to leverage its recent acquisition by CHAMP Private Equity to expand its product offerings and market presence. The company is actively developing new seafood products aimed at enhancing its line-up for retail customers and is targeting entry into additional geographic regions to broaden its market reach. These initiatives are expected to be supported by the resources and strategic guidance provided by its new ownership, allowing Maxfoods to capitalize on growth opportunities and enhance its operational capabilities.


Current Investors

Gourmet Food Operations Pty Ltd

Primary Industry

Food

Sub Industries

Bakery Products, Snack Foods, Retail, Fishing & Seafood

Website

www.maxfoods.com.au

Company Stage

Merged

Total Amount Raised

Subscriber access only

Maxfoods Pty Ltd - 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 SaleCompletedGourmet Food Operations Pty Ltd-
MergerCompletedFine Food Holdings Pty Ltd, Maxfoods Pty Ltd-
BuyoutCompletedMaxfoods Pty Ltd-

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