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
Snack Foods, Bakery Products, Retail, Fishing & Seafood
Website
www.maxfoods.com.au
Company Stage
Merged
Total Amount Raised
Subscriber access only
Maxfoods Pty Ltd - financials
| Fiscal Year Ended | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 |
|---|---|---|---|---|
| Revenue (USD) | 54,483,507.5 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | 36,671,862.1 | - | - | - |
| Operating Income (USD) | 34,577,662.1 | - | - | - |
| Operating Margin | 63.5% | - | - | - |
| % EBITDA Margin | 67.3% | - | - | - |
| NET Income (USD) | 2,180,544.7 | - | - | - |
| % Net Margin | 4.0% | - | - | - |
Maxfoods Pty Ltd - 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 | Gourmet Food Operations Pty Ltd | - | ||||||||
| Merger | Completed | Fine Food Holdings Pty Ltd, Maxfoods Pty Ltd | - | ||||||||
| Buyout | Completed | Maxfoods Pty Ltd | - |
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Maxfoods Pty Ltd - employee data


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