Surexport Compañía Agraria, S.L.

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Surexport Compañía Agraria, S.L. - overview

Established

1994

Location

Huelva, -, Spain

Primary Industry

Logistics & Distribution

About

Surexport Compañía Agraria, S. L. is a Spanish company specializing in the production and supply of high-quality berries and IV Gama fruit, catering to health-focused consumers and the food industry. Founded in 1994, Surexport operates from Huelva, Spain, focusing on the cultivation and supply of various berries.


The company has consistently engaged in three significant deals, demonstrating its active participation in the agricultural market. Surexport specializes in the production and supply of high-quality berries and IV Gama fruit year-round. Their core offerings include strawberries, raspberries, blueberries, and blackberries, alongside IV Gama fruit, which is minimally processed to maintain freshness. These products are cultivated using best agricultural practices and scientific research, and they are marketed under the brands Doñarosa, Berry Sensations, and Fruhi, primarily serving clients in Spain and Europe.


In the year 2022, Surexport reported a revenue of USD 158. 89 mn, with an EBITDA of USD 21. 20 mn. The company generates revenue through B2B partnerships with retailers and wholesalers, focusing on bulk sales of their premium products.


Surexport plans to expand its product line, although specific new product launches and timelines are yet to be revealed. Additionally, the company seeks to enter new markets in Europe by leveraging recent funding from Oquendo Capital, which acquired Surexport, although financial terms of the deal were not disclosed. This funding will support their expansion initiatives and improve operational capabilities.


Current Investors

Alantra, Oquendo Capital, Keyhaven Capital Partners

Primary Industry

Logistics & Distribution

Sub Industries

Food, Food & Beverage Distribution

Website

www.surexport.es

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Surexport Compañía Agraria, S.L. - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)77,885,23189,072,908.398,742,600.7114,334,271.1163,028,994.7---
% Revenue Growth (YoY)-14.4%10.9%15.8%42.6%---
EBITDA (USD)6,741,305.16,068,614.77,269,861.77,437,740.814,242,480.8---
Operating Income (USD)5,092,307.94,120,120.14,829,675.23,603,648.58,497,689.4---
Operating Margin6.5%4.6%4.9%3.2%5.2%---
% EBITDA Margin8.7%6.8%7.4%6.5%8.7%---
NET Income (USD)3,102,845.93,467,395.33,005,968.41,983,641.45,804,544.3---
% Net Margin4.0%3.9%3.0%1.7%3.6%---

Surexport Compañía Agraria, S.L. - 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)
Add-onCompletedJong Fruit B.V.-
BuyoutCompletedSolana Fruits-
Add-onCompletedAG Group-
Add-onCompletedFlor de Donana S.L-
BuyoutCompletedSurexport Compañía Agraria, S.L.-

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