Nimbus Foods Ltd.
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Nimbus Foods Ltd. - overview
Established
1996
Location
-, Gwynedd, UK
Primary Industry
Food
About
Nimbus Foods Ltd. is a UK-based company specializing in providing high-quality food inclusions and toppings designed for various sectors of the food industry, enhancing products across multiple categories. Founded in 1996, Nimbus Foods Ltd. operates in the food industry, producing a variety of food inclusions.
In October 2019, Nimbus Foods was acquired by Meadow Foods Limited, a portfolio company of Exponent Private Equity. The company is headquartered in the UK. Nimbus Foods Ltd. specializes in the production of high-quality decorations, toppings, and inclusions for the food industry.
Their offerings include honeycomb, fudge, toffee, soft caramels, biscuits, cereals, and confectionery items. These products enhance flavor, texture, and visual appeal for bakeries, ice creams, desserts, and snacks, serving renowned brands across Europe. In the most recent year, Nimbus Foods Ltd. reported a revenue of USD 20.
54 mn and an EBITDA of USD 1. 61 mn. Their revenue model primarily involves B2B transactions, focusing on bulk orders and long-term contracts with food manufacturers, ensuring a steady supply of their key products. Nimbus Foods Ltd.
aims to expand its product range by launching new inclusions designed for specific market needs, with plans for introduction in the upcoming fiscal year. The company is targeting expansion into new geographic markets, specifically in the European and Asian sectors, by 2025. The recent acquisition in October 2019 will facilitate this growth by leveraging resources and expertise from Meadow Foods to enhance operational capabilities and market reach.
Current Investors
Exponent, Meadow Foods Limited
Primary Industry
Food
Sub Industries
Bakery Products, Dairy Products
Website
www.nimbusfoods.co.uk
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Nimbus Foods 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Nimbus Foods Ltd. | - |
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